Call reports 2010
SOUTHEASTERN BANK — 2010
What SOUTHEASTERN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 426,263,000 | 435,843,000 | 422,202,000 | 426,754,000 |
| Total loans | 258,466,000 | 251,793,000 | 250,130,000 | 245,624,000 |
| Allowance for loan losses | 6,630,000 | 7,774,000 | 8,993,000 | 9,916,000 |
| Securities available for sale | 72,482,000 | 65,717,000 | 61,241,000 | 73,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,250,000 | 377,397,000 | 366,520,000 | 378,382,000 |
| Interest-bearing deposits | 309,990,000 | 321,031,000 | 309,379,000 | 322,798,000 |
| Noninterest-bearing deposits | 56,260,000 | 56,366,000 | 57,141,000 | 55,584,000 |
| Equity capital | 51,735,000 | 50,398,000 | 47,922,000 | 40,544,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,537,000 | 8,966,000 | 13,222,000 | 17,432,000 |
| Interest expense | 1,284,000 | 2,503,000 | 3,637,000 | 4,678,000 |
| Net interest income | 3,253,000 | 6,463,000 | 9,585,000 | 12,754,000 |
| Noninterest income | 986,000 | 1,133,000 | 1,321,000 | 1,921,000 |
| Noninterest expense | 3,302,000 | 6,759,000 | 9,915,000 | 13,047,000 |
| Provision for loan losses | 2,985,000 | 6,120,000 | 10,570,000 | 14,265,000 |
| Pretax income | -2,048,000 | -5,471,000 | -9,767,000 | -12,825,000 |
| Income tax | -876,000 | -2,257,000 | -3,900,000 | -162,000 |
| Net income | -1,172,000 | -3,214,000 | -5,867,000 | -12,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,709,000 | 49,675,000 | 47,034,000 | 40,250,000 |
| Total capital | 55,456,000 | 53,311,000 | 50,653,000 | 43,823,000 |
| Risk-weighted assets | 296,886,000 | 286,782,000 | 284,111,000 | 279,511,000 |