Call reports 2002
BANK OF NORTH CAROLINA — 2002
What BANK OF NORTH CAROLINA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 223,446,000 | 278,987,000 | 283,970,000 | 306,716,000 |
| Total loans | 181,705,000 | 218,609,000 | 229,867,000 | 242,585,000 |
| Allowance for loan losses | 2,494,000 | 4,053,000 | 4,200,000 | 4,306,000 |
| Securities available for sale | 14,972,000 | 21,962,000 | 23,938,000 | 23,311,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,966,000 | 227,874,000 | 229,267,000 | 259,545,000 |
| Interest-bearing deposits | 166,661,000 | 199,994,000 | 201,909,000 | 228,598,000 |
| Noninterest-bearing deposits | 15,305,000 | 27,880,000 | 27,358,000 | 30,947,000 |
| Equity capital | 19,761,000 | 23,361,000 | 24,367,000 | 25,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,677,000 | 7,522,000 | 12,089,000 | 16,849,000 |
| Interest expense | 1,387,000 | 2,754,000 | 4,343,000 | 5,917,000 |
| Net interest income | 2,290,000 | 4,768,000 | 7,746,000 | 10,932,000 |
| Noninterest income | 269,000 | 675,000 | 1,062,000 | 1,426,000 |
| Noninterest expense | 1,588,000 | 3,336,000 | 5,521,000 | 7,772,000 |
| Provision for loan losses | 200,000 | 455,000 | 640,000 | 820,000 |
| Pretax income | 771,000 | 1,652,000 | 2,647,000 | 3,766,000 |
| Income tax | 237,000 | 547,000 | 830,000 | 1,156,000 |
| Net income | 534,000 | 1,105,000 | 1,817,000 | 2,610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,733,000 | 19,712,000 | 20,433,000 | 21,147,000 |
| Total capital | 22,007,000 | 22,628,000 | 23,428,000 | 24,237,000 |
| Risk-weighted assets | 182,308,000 | 232,083,000 | 238,004,000 | 246,001,000 |