New Century Bancorp, Inc. (NCBC) Balance Sheet

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Cash and due from banks	15.54M
Interest-earning deposits in other banks	57.46M
Federal funds sold
Investment securities available for sale, at fair value	65.66M
Loans	651.74M
Allowance for loan losses	-7.89M
NET LOANS	643.85M
Accrued interest receivable	2.48M
Stock in Federal Home Loan Bank of Atlanta, at cost	2.34M
Other non marketable securities
Foreclosed real estate	548K
Premises and equipment, net	18.12M
Bank owned life insurance	22.04M
Core deposit intangible
Other assets	5.93M
TOTAL ASSETS	844.77M
Demand deposits	177.24M
Savings deposits	37.86M
Money market and NOW deposits
Time deposits	292.03M
TOTAL DEPOSITS	677.12M
Other short term debt
Long term debt	22.37M
Accrued interest payable	190K
Accrued expenses and other liabilities
TOTAL LIABILITIES	741.58M
Common stock, $1 par value, 10,000,000 shares authorized; and 6,913,636 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	11.63M
Common stock receivable
Additional paid-in capital	69.48M
Accumulated deficit	21.07M
Accumulated other comprehensive income	1.02M
TOTAL SHAREHOLDERS' EQUITY	103.19M
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	844.77M

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