Call reports 2022
COASTAL CAROLINA NATIONAL BANK — 2022
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 793,354,000 | 800,130,000 | 804,094,000 | 823,569,000 |
| Total loans | 497,104,000 | 552,755,000 | 596,379,000 | 648,641,000 |
| Allowance for loan losses | 5,087,000 | 5,537,000 | 6,092,000 | 6,635,000 |
| Securities available for sale | 104,467,000 | 108,857,000 | 104,611,000 | 104,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 720,559,000 | 724,782,000 | 726,272,000 | 746,099,000 |
| Interest-bearing deposits | 575,262,000 | 562,155,000 | 562,292,000 | 574,333,000 |
| Noninterest-bearing deposits | 145,297,000 | 162,627,000 | 163,980,000 | 171,766,000 |
| Equity capital | 68,795,000 | 66,023,000 | 67,942,000 | 72,492,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,886,000 | 12,641,000 | 20,595,000 | 29,494,000 |
| Interest expense | 409,000 | 808,000 | 1,286,000 | 2,239,000 |
| Net interest income | 5,477,000 | 11,833,000 | 19,309,000 | 27,255,000 |
| Noninterest income | 587,000 | 1,209,000 | 1,760,000 | 2,241,000 |
| Noninterest expense | 4,133,000 | 8,547,000 | 13,198,000 | 17,973,000 |
| Provision for loan losses | 75,000 | 525,000 | 1,080,000 | 1,585,000 |
| Pretax income | 1,856,000 | 3,970,000 | 6,791,000 | 9,938,000 |
| Income tax | 327,000 | 719,000 | 1,298,000 | 1,873,000 |
| Net income | 1,529,000 | 3,251,000 | 5,493,000 | 8,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,826,000 | 68,597,000 | 72,941,000 | 76,610,000 |
| Total capital | 71,913,000 | 74,134,000 | 79,033,000 | 83,245,000 |
| Risk-weighted assets | 532,101,000 | 597,435,000 | 644,654,000 | 693,920,000 |