Call reports 2011
BANK OF NORTH CAROLINA — 2011
What BANK OF NORTH CAROLINA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 2,155,923,000 | 2,145,393,000 | 2,196,410,000 | 2,453,584,000 |
| Total loans | 1,530,406,000 | 1,530,456,000 | 1,579,319,000 | 1,719,080,000 |
| Allowance for loan losses | 24,325,000 | 23,373,000 | 24,177,000 | 31,008,000 |
| Securities available for sale | 327,264,000 | 333,380,000 | 342,989,000 | 282,220,000 |
| Securities held to maturity | 6,000,000 | 6,000,000 | 6,000,000 | 97,036,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,870,890,000 | 1,851,536,000 | 1,836,534,000 | 2,118,999,000 |
| Interest-bearing deposits | 1,754,565,000 | 1,721,889,000 | 1,704,626,000 | 1,972,011,000 |
| Noninterest-bearing deposits | 116,326,000 | 129,648,000 | 131,908,000 | 146,988,000 |
| Equity capital | 181,739,000 | 186,187,000 | 191,223,000 | 192,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 25,042,000 | 49,829,000 | 74,894,000 | 103,343,000 |
| Interest expense | 8,151,000 | 15,927,000 | 23,873,000 | 31,952,000 |
| Net interest income | 16,891,000 | 33,902,000 | 51,021,000 | 71,391,000 |
| Noninterest income | 2,425,000 | 2,844,000 | 4,526,000 | 9,907,000 |
| Noninterest expense | 14,782,000 | 27,798,000 | 41,393,000 | 58,166,000 |
| Provision for loan losses | 3,500,000 | 6,532,000 | 10,056,000 | 18,214,000 |
| Pretax income | 1,091,000 | 2,552,000 | 5,266,000 | 6,120,000 |
| Income tax | -647,000 | -1,028,000 | -982,000 | -1,408,000 |
| Net income | 1,738,000 | 3,580,000 | 6,248,000 | 7,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,908,000 | 160,927,000 | 162,697,000 | 162,404,000 |
| Total capital | 183,120,000 | 185,460,000 | 186,372,000 | 187,935,000 |
| Risk-weighted assets | 1,419,524,000 | 1,446,336,000 | 1,507,103,000 | 1,648,167,000 |