Call reports 2008
BANK OF NORTH CAROLINA — 2008
What BANK OF NORTH CAROLINA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,185,520,000 | 1,212,101,000 | 1,260,541,000 | 1,572,135,000 |
| Total loans | 983,933,000 | 999,653,000 | 1,006,714,000 | 1,008,407,000 |
| Allowance for loan losses | 12,197,000 | 12,455,000 | 13,894,000 | 13,210,000 |
| Securities available for sale | 88,375,000 | 93,909,000 | 107,189,000 | 416,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 6,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 930,997,000 | 929,483,000 | 1,025,655,000 | 1,150,263,000 |
| Interest-bearing deposits | 851,130,000 | 860,212,000 | 955,852,000 | 1,084,247,000 |
| Noninterest-bearing deposits | 79,867,000 | 69,271,000 | 69,803,000 | 66,016,000 |
| Equity capital | 115,386,000 | 116,610,000 | 114,813,000 | 140,949,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 18,074,000 | 35,585,000 | 51,746,000 | 69,167,000 |
| Interest expense | 9,569,000 | 18,197,000 | 26,715,000 | 35,459,000 |
| Net interest income | 8,505,000 | 17,388,000 | 25,031,000 | 33,708,000 |
| Noninterest income | 1,688,000 | 2,429,000 | 3,744,000 | 6,900,000 |
| Noninterest expense | 6,431,000 | 13,771,000 | 19,184,000 | 27,331,000 |
| Provision for loan losses | 725,000 | 1,875,000 | 4,375,000 | 7,075,000 |
| Pretax income | 3,037,000 | 4,407,000 | 5,439,000 | 6,425,000 |
| Income tax | 696,000 | 780,000 | 661,000 | 414,000 |
| Net income | 2,341,000 | 3,627,000 | 4,778,000 | 6,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,390,000 | 87,530,000 | 88,024,000 | 109,604,000 |
| Total capital | 104,587,000 | 107,985,000 | 109,378,000 | 130,814,000 |
| Risk-weighted assets | 1,027,945,000 | 1,043,351,000 | 1,069,122,000 | 1,141,390,000 |