Carolina Trust BancShares, Inc. (CART) financial statements (2020 and earlier)

Company profile

Business Address 901 EAST MAIN STREET
LINCOLNTON, NC 28092
State of Incorp. NC
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 33946
Cash and cash equivalents 32928
Short-term investments 1 18
Restricted cash and investments   3
Total current assets: 33949
Noncurrent Assets
Property, plant and equipment 666
Intangible assets, net (including goodwill) 000
Intangible assets, net (excluding goodwill) 000
Total noncurrent assets: 677
Other undisclosed assets 436391319
TOTAL ASSETS: 475407375
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation 101010
Long-term debt, excluding current maturities 101010
Total noncurrent liabilities: 101010
Other undisclosed liabilities 415368336
Total liabilities: 425377346
Stockholders' equity
Stockholders' equity attributable to parent 502929
Common stock 181212
Additional paid in capital 251313
Accumulated other comprehensive loss (1)(1)(0)
Retained earnings 754
Warrants and rights outstanding 000
Total stockholders' equity: 502929
TOTAL LIABILITIES AND EQUITY: 475407375

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Revenues 201715
Net investment income 201715
Cost of revenue (0)(1) 
Provision for loan, lease, and other losses (0)
Financial services costs(1) 
Gross profit: 191615
Operating expenses (3)(10)(10)
Other operating income, net
(Noninterest Income, Other Operating Income)
 000
Operating income: 1666
Nonoperating income
(Bank Owned Life Insurance Income)
 00 
Interest and debt expense (5)(3)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes (8)(1)(1)
Income from continuing operations before income taxes: 422
Income tax expense (1)(2)(1)
Net income: 301
Net loss attributable to noncontrolling interest   (0)
Net income available to common stockholders, diluted: 301

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Net income: 301
Other comprehensive loss (0)(0)(0)
Comprehensive income: 301
Comprehensive loss, net of tax, attributable to noncontrolling interest   (0)
Other undisclosed comprehensive income, net of tax, attributable to parent   0
Comprehensive income, net of tax, attributable to parent: 301

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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