Call reports 2002
CAROLINA NATIONAL BANK AND TRUST COMPANY — 2002
What CAROLINA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Total assets | 29,231,000 | 32,810,000 |
| Total loans | 3,914,000 | 10,145,000 |
| Allowance for loan losses | 59,000 | 152,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 3,300,000 | 5,373,000 |
| Trading assets | 0 | 0 |
| Total deposits | 21,529,000 | 24,897,000 |
| Interest-bearing deposits | 15,049,000 | 17,905,000 |
| Noninterest-bearing deposits | 6,480,000 | 6,992,000 |
| Equity capital | 7,628,000 | 7,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Interest income | 84,000 | 299,000 |
| Interest expense | 51,000 | 164,000 |
| Net interest income | 33,000 | 135,000 |
| Noninterest income | 26,000 | 150,000 |
| Noninterest expense | 1,716,000 | 2,270,000 |
| Provision for loan losses | 59,000 | 152,000 |
| Pretax income | -1,716,000 | -2,137,000 |
| Income tax | -44,000 | -719,000 |
| Net income | -1,672,000 | -1,418,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q3 | 2002Q4 |
|---|---|---|
| Tier 1 capital | 7,584,000 | 7,163,000 |
| Total capital | 7,643,000 | 7,315,000 |
| Risk-weighted assets | 9,364,000 | 17,653,000 |