Call reports 2009
SEASIDE NATIONAL BANK & TRUST — 2009
What SEASIDE NATIONAL BANK & TRUST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 487,150,000 | 611,089,000 | 830,058,000 | 835,431,000 |
| Total loans | 298,704,000 | 386,791,000 | 450,344,000 | 466,437,000 |
| Allowance for loan losses | 3,322,000 | 3,925,000 | 6,948,000 | 9,124,000 |
| Securities available for sale | 155,403,000 | 193,785,000 | 212,437,000 | 323,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,154,000 | 514,939,000 | 742,112,000 | 716,027,000 |
| Interest-bearing deposits | 343,550,000 | 479,023,000 | 593,024,000 | 668,037,000 |
| Noninterest-bearing deposits | 34,604,000 | 35,916,000 | 149,088,000 | 47,990,000 |
| Equity capital | 49,520,000 | 45,340,000 | 42,619,000 | 71,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,693,000 | 10,603,000 | 18,388,000 | 26,740,000 |
| Interest expense | 1,941,000 | 4,362,000 | 7,216,000 | 10,642,000 |
| Net interest income | 2,752,000 | 6,241,000 | 11,172,000 | 16,098,000 |
| Noninterest income | 494,000 | 1,100,000 | -580,000 | -221,000 |
| Noninterest expense | 5,495,000 | 11,620,000 | 17,249,000 | 24,096,000 |
| Provision for loan losses | 910,000 | 1,564,000 | 4,603,000 | 6,815,000 |
| Pretax income | -2,943,000 | -5,900,000 | -11,507,000 | -15,230,000 |
| Income tax | -1,093,000 | -2,174,000 | -4,262,000 | -5,636,000 |
| Net income | -1,850,000 | -3,726,000 | -7,245,000 | -9,594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,745,000 | 37,398,000 | 32,283,000 | 65,049,000 |
| Total capital | 45,067,000 | 41,323,000 | 38,074,000 | 71,341,000 |
| Risk-weighted assets | 354,375,000 | 408,800,000 | 462,114,000 | 500,604,000 |