Call reports 2004
CAROLINA NATIONAL BANK AND TRUST COMPANY — 2004
What CAROLINA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 73,868,000 | 89,519,000 | 92,689,000 | 98,098,000 |
| Total loans | 60,112,000 | 72,850,000 | 79,324,000 | 89,872,000 |
| Allowance for loan losses | 902,000 | 1,092,000 | 1,190,000 | 1,321,000 |
| Securities available for sale | 3,015,000 | 2,953,000 | 2,982,000 | 2,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,003,000 | 79,798,000 | 82,930,000 | 87,237,000 |
| Interest-bearing deposits | 55,091,000 | 67,349,000 | 69,898,000 | 75,719,000 |
| Noninterest-bearing deposits | 9,912,000 | 12,449,000 | 13,032,000 | 11,518,000 |
| Equity capital | 8,454,000 | 8,142,000 | 8,140,000 | 8,141,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 721,000 | 1,577,000 | 2,623,000 | 3,876,000 |
| Interest expense | 235,000 | 497,000 | 843,000 | 1,229,000 |
| Net interest income | 486,000 | 1,080,000 | 1,780,000 | 2,647,000 |
| Noninterest income | 67,000 | 141,000 | 206,000 | 273,000 |
| Noninterest expense | 781,000 | 1,551,000 | 2,361,000 | 3,149,000 |
| Provision for loan losses | 103,000 | 293,000 | 391,000 | 522,000 |
| Pretax income | -331,000 | -623,000 | -766,000 | -751,000 |
| Income tax | -113,000 | -144,000 | -265,000 | -259,000 |
| Net income | -218,000 | -479,000 | -501,000 | -492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,984,000 | 6,678,000 | 6,546,000 | 6,558,000 |
| Total capital | 7,775,000 | 8,654,000 | 8,594,000 | 9,619,000 |
| Risk-weighted assets | 63,188,000 | 77,980,000 | 83,676,000 | 92,743,000 |