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 investments4333946
Cash and cash equivalents4232928
Short-term investments11 18
Restricted cash and investments   3
Total current assets:4333949
Noncurrent Assets
Operating lease, right-of-use asset0
Property, plant and equipment9666
Intangible assets, net (including goodwill)8000
Goodwill6   
Intangible assets, net (excluding goodwill)2000
Total noncurrent assets:17677
Other undisclosed assets562436391319
TOTAL ASSETS:623475407375
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation10101010
Long-term debt, excluding current maturities10101010
Total noncurrent liabilities:10101010
Other undisclosed liabilities541415368336
Total liabilities:551425377346
Stockholders' equity
Stockholders' equity attributable to parent71502929
Common stock23181212
Additional paid in capital36251313
Accumulated other comprehensive income (loss)1(1)(1)(0)
Retained earnings11754
Warrants and rights outstanding 000
Total stockholders' equity:71502929
TOTAL LIABILITIES AND EQUITY:623475407375

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Revenues26201715
Net investment income26201715
Cost of revenue(0)(0)(1) 
Provision for loan, lease, and other losses(0)(0)
Financial services costs(1) 
Gross profit:26191615
Operating expenses(6)(3)(10)(10)
Other operating income, net
(Noninterest Income, Other Operating Income)
0000
Operating income:201666
Nonoperating income
(Bank Owned Life Insurance Income)
000 
Interest and debt expense(6)(5)(3)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes(8)(8)(1)(1)
Income from continuing operations before income taxes:6422
Income tax expense(1)(1)(2)(1)
Net income:5301
Net loss attributable to noncontrolling interest   (0)
Net income available to common stockholders, diluted:5301

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Net income:5301
Other comprehensive income (loss)2(0)(0)(0)
Comprehensive income:6301
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:6301

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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