Call reports 2003
BANK OF NORTH CAROLINA — 2003
What BANK OF NORTH CAROLINA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 321,948,000 | 331,143,000 | 336,999,000 | 373,134,000 |
| Total loans | 242,607,000 | 260,885,000 | 275,508,000 | 305,724,000 |
| Allowance for loan losses | 4,550,000 | 4,610,000 | 4,668,000 | 4,598,000 |
| Securities available for sale | 27,404,000 | 31,302,000 | 31,107,000 | 31,414,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,061,000 | 267,702,000 | 273,766,000 | 296,545,000 |
| Interest-bearing deposits | 240,277,000 | 235,581,000 | 244,701,000 | 266,456,000 |
| Noninterest-bearing deposits | 29,784,000 | 32,121,000 | 29,065,000 | 30,089,000 |
| Equity capital | 25,443,000 | 31,603,000 | 31,546,000 | 31,983,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,764,000 | 9,724,000 | 13,538,000 | 18,375,000 |
| Interest expense | 1,559,000 | 3,101,000 | 4,567,000 | 6,073,000 |
| Net interest income | 3,205,000 | 6,623,000 | 8,971,000 | 12,302,000 |
| Noninterest income | 370,000 | 806,000 | 2,444,000 | 3,008,000 |
| Noninterest expense | 2,334,000 | 4,882,000 | 7,428,000 | 10,015,000 |
| Provision for loan losses | 135,000 | 250,000 | 390,000 | 520,000 |
| Pretax income | 1,106,000 | 2,297,000 | 3,597,000 | 4,775,000 |
| Income tax | 355,000 | 735,000 | 1,122,000 | 1,368,000 |
| Net income | 751,000 | 1,562,000 | 2,475,000 | 3,407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,596,000 | 27,407,000 | 27,363,000 | 28,129,000 |
| Total capital | 24,673,000 | 30,741,000 | 30,935,000 | 32,083,000 |
| Risk-weighted assets | 244,776,000 | 265,439,000 | 284,652,000 | 315,645,000 |