Carolina Financial (CARO) Quarterly Income Statement

Quarterly · GAAP · USD millions
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Observing income statement movements over recent quarters helps explain how Carolina Financial adapts pricing, costs, and operating efficiency.
Quarterly Report, GAAP in USD millions
ITEM
(Dec 31 2019)
Q4 2019
(Sep 30 2019) (Jun 30 2019) (Mar 31 2019) (Dec 31 2018)
Revenues
Interest and Fee Income, Loans and Leases37.77
Interest and Dividend Income, Securities, Operating, Available-for-sale6.22
Other Income0.40
Total Interest Income44.39
Interest Expense, Deposits20.47
Interest Expense, Short-term Borrowing8.30
Interest Expense, Long-term Debt and Capital Securities0.00
Total Interest Expense9.07
Net Interest Income35.31
Provision for loan losses0.58
Total Net Interest Income34.73
Service Fees, Investment Banking, Brokerage and Other Transactions0.00
Other Non-interest Income1.33
Extinguishment of Debt-0.22
Loss / Gain on Investment0.00
Other Non-Interest Income11.45
Total Non-interest Income13.29
Total Revenues48.03
Costs & Expenses
Salaries & employee benefits, SGA13.87
Unusual Expense /-Income0.07
Depreciation & Amortization0.71
Foreclosed Real Estate Expense0.31
Occupancy, Net12.61
Federal Deposit Insurance Corporation Premium Expense0.49
Other Noninterest Expense9.47
Other loss /-income2.17
Total Operating Expenses26.56
Total Costs & Expenses35.63
Income & Taxes
Income /-loss before income taxes21.47
Income taxes expenses/-benefit4.97
Income after income taxes16.49
Net income/-loss of other equity0.00
Income /-loss after income taxes16.49
Net Income/-loss16.49
Income/-loss to shareholder16.49
Earnings Per Share
Basic EPS (excl. extra items)0.74
Basic Net EPS0.74
Basic shares outstanding (Mill. of Units)22.17
Diluted Net EPS0.74
Diluted average shares (Mill. of Units)22.39
Dividend per share0.10
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About CARO Quarterly Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-Q filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-Q filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.