Call reports 2016
SEASIDE NATIONAL BANK & TRUST — 2016
What SEASIDE NATIONAL BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,367,198,000 | 1,409,621,000 | 1,483,337,000 | 1,582,711,000 |
| Total loans | 1,010,698,000 | 1,038,656,000 | 1,079,424,000 | 1,140,433,000 |
| Allowance for loan losses | 11,391,000 | 10,932,000 | 11,501,000 | 12,143,000 |
| Securities available for sale | 228,864,000 | 250,125,000 | 259,794,000 | 281,190,000 |
| Securities held to maturity | 61,983,000 | 64,947,000 | 72,318,000 | 94,405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,181,341,000 | 1,178,454,000 | 1,237,655,000 | 1,285,547,000 |
| Interest-bearing deposits | 940,165,000 | 928,477,000 | 974,935,000 | 1,022,111,000 |
| Noninterest-bearing deposits | 241,176,000 | 249,977,000 | 262,720,000 | 263,436,000 |
| Equity capital | 115,341,000 | 119,446,000 | 122,138,000 | 118,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 11,533,000 | 23,564,000 | 36,273,000 | 49,673,000 |
| Interest expense | 1,333,000 | 2,823,000 | 4,540,000 | 6,540,000 |
| Net interest income | 10,200,000 | 20,741,000 | 31,733,000 | 43,133,000 |
| Noninterest income | 2,447,000 | 4,307,000 | 6,861,000 | 8,748,000 |
| Noninterest expense | 8,631,000 | 16,919,000 | 25,898,000 | 34,490,000 |
| Provision for loan losses | 778,000 | 1,255,000 | 1,906,000 | 2,313,000 |
| Pretax income | 3,301,000 | 6,937,000 | 10,854,000 | 15,107,000 |
| Income tax | 1,241,000 | 2,603,000 | 4,077,000 | 5,671,000 |
| Net income | 2,060,000 | 4,334,000 | 6,777,000 | 9,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,004,000 | 109,766,000 | 112,702,000 | 115,946,000 |
| Total capital | 118,768,000 | 121,117,000 | 139,669,000 | 143,517,000 |
| Risk-weighted assets | 1,112,148,000 | 1,163,334,000 | 1,211,118,000 | 1,258,598,000 |