Carolina trust bancshares, inc. (CART)
Balance Sheet / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Dec'15
Assets
Cash and due from banks

13,865

13,547

13,528

10,918

9,000

13,804

12,758

5,409

6,285

10,700

10,637

8,063

4,566

4,720

Interest-earning deposits with banks

28,229

17,014

28,731

21,022

26,416

35,600

17,740

3,647

7,594

-

-

18,086

-

-

Interest-earning deposits with banks

-

-

-

-

-

-

-

-

-

7,431

14,722

-

27,090

70

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

23

Cash and cash equivalents

42,094

30,561

42,259

31,940

35,416

49,404

30,498

9,056

13,879

18,131

25,359

26,149

31,656

4,813

Certificates of deposit with banks

2,245

2,344

2,838

1,498

1,498

1,498

1,498

1,498

1,498

1,498

1,498

1,498

1,498

1,498

Investment securities available for sale, at fair value (amortized cost $62,535 and $32,677)

63,761

67,414

68,978

31,960

29,992

28,202

-

-

-

-

-

-

-

-

Investment securities available for sale, at fair value (amortized cost $32,067 and $30,016)

-

-

-

-

-

-

29,198

-

-

-

-

-

-

-

Equity securities

780

879

751

617

749

713

664

0

-

-

-

-

-

-

Investment securities available for sale, at fair value (amortized cost $32,067)

-

-

-

-

-

-

-

31,112

28,333

29,516

26,861

27,063

26,923

22,933

Equity securities

780

879

751

617

749

713

-

0

-

-

-

-

-

-

Federal Home Loan Bank stock

1,400

1,272

1,226

1,050

1,050

1,050

1,560

1,341

1,192

1,064

1,064

942

943

817

Loans

483,164

485,435

474,239

393,282

380,746

374,026

367,039

348,679

340,038

324,349

311,609

308,492

301,420

292,362

Less: Allowance for loan losses

3,983

4,146

4,068

3,978

3,925

3,844

3,780

3,599

3,423

3,213

3,471

3,393

3,687

3,723

Net Loans

479,181

481,289

470,171

389,304

376,821

370,182

363,259

345,080

336,615

321,136

308,138

305,099

297,733

288,639

Bank-owned life insurance

11,099

11,033

10,966

7,393

7,344

7,295

7,247

7,197

7,144

7,089

7,034

1,498

1,485

1,445

Accrued interest receivable

1,714

1,870

1,840

1,259

1,210

1,140

1,092

1,078

975

948

889

945

831

986

Bank premises, equipment and software

8,840

8,895

8,935

6,093

6,154

6,258

6,360

6,466

6,533

6,634

6,726

6,388

5,752

5,710

Foreclosed assets

1,043

1,351

2,190

1,157

1,782

1,971

2,215

789

467

583

880

1,011

879

1,994

Goodwill

5,717

5,665

5,355

0

-

-

-

-

-

-

-

-

-

-

Core deposit intangibles, net of accumulated amortization of $1,168 and $744 at September 30, 2019 and December 31, 2018, respectively

2,447

2,584

3,039

40

47

56

64

73

83

94

106

117

130

174

Other assets

2,214

2,266

2,731

2,793

3,108

3,085

2,955

2,928

3,578

3,475

3,926

4,207

4,339

5,040

Total Assets

622,535

617,423

621,279

475,104

465,171

470,854

446,610

406,618

400,297

390,168

382,481

374,917

372,169

334,049

Liabilities and Stockholders' Equity
Noninterest-earning demand deposits

92,476

96,010

101,274

61,120

66,796

66,793

55,309

49,199

46,920

44,444

43,886

38,593

40,970

32,562

Interest-earning demand deposits

191,997

191,311

193,830

142,899

123,586

126,108

119,884

115,396

117,158

113,415

103,966

99,084

94,751

79,132

Savings

38,011

38,872

39,637

22,693

23,441

23,610

23,441

22,066

21,369

20,720

21,433

21,059

21,659

21,326

Time deposits

193,649

189,960

188,649

168,437

172,674

176,768

174,268

153,992

152,142

152,314

153,894

159,929

165,661

151,774

Total deposits

516,133

516,153

523,390

395,149

386,497

393,279

372,902

340,653

337,589

330,893

323,179

318,665

323,041

284,794

Finance lease obligation

88

106

123

141

-

-

-

-

-

-

-

-

-

-

Capital lease obligation

-

-

-

-

158

174

191

207

223

238

253

268

283

326

Federal Home Loan Bank advances

20,200

17,200

16,100

16,100

16,100

16,100

28,100

23,600

-

-

-

14,100

-

-

Long term debt

-

-

-

-

-

-

2,993

-

-

-

-

-

-

-

Federal funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

2,355

Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

20,100

17,100

17,100

-

-

13,000

Long term subordinated debt

9,814

9,793

9,773

9,753

9,733

9,713

9,695

9,676

9,658

9,640

9,622

9,605

-

-

Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

14,100

-

Accrued interest payable

760

571

680

421

578

360

501

292

450

254

420

287

123

58

Other liabilities

4,104

3,703

3,835

3,279

3,151

3,027

2,849

3,071

2,512

2,470

2,546

2,959

2,911

3,052

Total liabilities

551,099

547,526

553,901

424,843

416,217

422,653

417,231

377,499

370,532

360,595

353,120

345,884

340,458

303,585

Common stock warrant

0

0

0

426

426

426

426

426

426

426

426

426

426

426

Common stock, $2.50 par value; 20,000,000 and 10,000,000 shares authorized as of September 30, 2019 and December 31, 2018, respectively; 9,305,714 and 7,156,987 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively

23,264

23,254

23,242

17,892

17,892

17,892

11,652

11,645

11,637

11,637

11,637

11,627

11,626

11,616

Additional paid-in capital

36,371

36,370

36,392

25,211

25,212

25,214

13,017

13,008

13,004

12,999

-

12,988

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

12,990

-

12,976

12,936

Retained earnings

10,863

9,436

7,618

7,281

6,335

5,420

4,910

4,772

4,999

4,648

4,452

4,241

3,906

3,122

Accumulated other comprehensive income (loss)

938

837

126

-549

-911

-751

-626

-732

-301

-137

-144

-249

197

-216

Total stockholders' equity

71,436

69,897

67,378

50,261

48,954

48,201

29,379

29,119

29,765

29,573

29,361

29,033

29,131

27,884

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

2,580

2,580

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

31,711

30,464

Total Liabilities and Stockholders' Equity

622,535

617,423

621,279

475,104

465,171

470,854

446,610

406,618

400,297

390,168

382,481

374,917

372,169

334,049