Call reports 2011
SEASIDE NATIONAL BANK & TRUST — 2011
What SEASIDE NATIONAL BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 704,502,000 | 724,411,000 | 737,714,000 | 752,432,000 |
| Total loans | 475,707,000 | 500,730,000 | 522,121,000 | 524,649,000 |
| Allowance for loan losses | 9,104,000 | 9,476,000 | 6,885,000 | 6,644,000 |
| Securities available for sale | 176,085,000 | 174,273,000 | 170,692,000 | 170,244,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,169,000 | 591,489,000 | 604,230,000 | 622,184,000 |
| Interest-bearing deposits | 511,159,000 | 518,178,000 | 530,885,000 | 541,929,000 |
| Noninterest-bearing deposits | 68,010,000 | 73,311,000 | 73,345,000 | 80,255,000 |
| Equity capital | 77,109,000 | 84,019,000 | 85,786,000 | 85,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 6,561,000 | 13,992,000 | 21,313,000 | 28,637,000 |
| Interest expense | 2,246,000 | 4,282,000 | 6,256,000 | 7,946,000 |
| Net interest income | 4,315,000 | 9,710,000 | 15,057,000 | 20,691,000 |
| Noninterest income | 653,000 | 1,338,000 | 2,063,000 | 2,937,000 |
| Noninterest expense | 5,654,000 | 11,440,000 | 17,123,000 | 22,576,000 |
| Provision for loan losses | 612,000 | 1,644,000 | 2,084,000 | 2,666,000 |
| Pretax income | -1,211,000 | -1,964,000 | -1,768,000 | -1,289,000 |
| Income tax | -437,000 | -700,000 | -607,000 | -410,000 |
| Net income | -774,000 | -1,264,000 | -1,161,000 | -879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,003,000 | 67,824,000 | 68,352,000 | 68,975,000 |
| Total capital | 69,688,000 | 74,821,000 | 75,237,000 | 75,619,000 |
| Risk-weighted assets | 532,340,000 | 557,270,000 | 571,433,000 | 578,545,000 |