Call reports 2007
SEASIDE NATIONAL BANK & TRUST — 2007
What SEASIDE NATIONAL BANK & TRUST reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 69,934,000 | 85,945,000 | 110,493,000 | 127,260,000 |
| Total loans | 21,178,000 | 30,484,000 | 38,911,000 | 58,843,000 |
| Allowance for loan losses | 307,000 | 434,000 | 555,000 | 834,000 |
| Securities available for sale | 39,091,000 | 48,109,000 | 52,222,000 | 45,670,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,542,000 | 30,655,000 | 57,753,000 | 72,667,000 |
| Interest-bearing deposits | 14,975,000 | 23,643,000 | 51,101,000 | 71,314,000 |
| Noninterest-bearing deposits | 2,567,000 | 7,012,000 | 6,652,000 | 1,353,000 |
| Equity capital | 51,716,000 | 50,801,000 | 50,281,000 | 49,100,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 876,000 | 2,007,000 | 3,525,000 | 5,278,000 |
| Interest expense | 77,000 | 296,000 | 835,000 | 1,488,000 |
| Net interest income | 799,000 | 1,711,000 | 2,690,000 | 3,790,000 |
| Noninterest income | 11,000 | 43,000 | 128,000 | 293,000 |
| Noninterest expense | 1,380,000 | 3,277,000 | 5,518,000 | 8,322,000 |
| Provision for loan losses | 191,000 | 318,000 | 439,000 | 743,000 |
| Pretax income | -760,000 | -1,840,000 | -3,145,000 | -4,982,000 |
| Income tax | -275,000 | -669,000 | -1,142,000 | -1,823,000 |
| Net income | -485,000 | -1,171,000 | -2,003,000 | -3,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,944,000 | 49,750,000 | 48,657,000 | 46,851,000 |
| Total capital | 51,251,000 | 50,184,000 | 49,212,000 | 47,685,000 |
| Risk-weighted assets | 35,511,000 | 46,137,000 | 66,449,000 | 88,170,000 |