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Carolina Financial Corp (CARO)

Carolina Financial Corp (CARO)
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Carolina Financial Corporation is the holding company of CresCom Bank. It operates through three reportable segments: Community Banking, Wholesale Mortgage Banking, and other. Its deposit products include checking accounts, commercial accounts, savings accounts, retirement accounts, and other time deposits. The company's loan portfolio comprises loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, and consumer loans. The company also offers mortgage banking services comprising correspondent lending and loan servicing; and cash management services. Carolina Financial Corporation is based in Charleston, South Carolina.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Sales 57,680 58,530 55,370 52,650 51,440
Sales Growth -1.45% +5.71% +5.17% +2.35% +0.29%
Net Income 16,490 16,630 15,070 14,550 15,440
Net Income Growth -0.84% +10.35% +3.57% -5.76% +1.58%
(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Total Assets 4,708,870 3,979,890 3,888,070 3,842,180 3,790,750
Total Assets Growth +18.32% +2.36% +1.19% +1.36% +1.86%
Total Liabilities 3,965,430 3,358,290 3,282,500 3,253,030 3,215,460
Total Liabilities Growth +18.08% +2.31% +0.91% +1.17% +1.84%
(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Operating Cash Flow 57,780 35,450 23,200 13,090 69,410
Operating Cash Flow Growth +62.99% +52.80% +77.23% -81.14% +46.10%
Net Cash Flow 71,070 14,740 6,280 -2,130 -19,120
Change in Net Cash Flow +382.16% +134.71% +394.84% +88.86% -260.08%
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