Call reports 2015
SEAWAY BANK AND TRUST COMPANY — 2015
What SEAWAY BANK AND TRUST COMPANY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 404,889,000 | 393,687,000 | 385,950,000 | 370,062,000 |
| Total loans | 259,576,000 | 247,726,000 | 244,964,000 | 233,535,000 |
| Allowance for loan losses | 12,957,000 | 16,287,000 | 7,714,000 | 6,093,000 |
| Securities available for sale | 29,668,000 | 23,806,000 | 21,121,000 | 21,340,000 |
| Securities held to maturity | 1,283,000 | 1,312,000 | 1,314,000 | 1,262,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,576,000 | 304,437,000 | 302,758,000 | 292,537,000 |
| Interest-bearing deposits | 243,275,000 | 238,024,000 | 235,558,000 | 219,112,000 |
| Noninterest-bearing deposits | 70,301,000 | 66,413,000 | 67,200,000 | 73,424,000 |
| Equity capital | 42,585,000 | 40,182,000 | 35,640,000 | 28,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,276,000 | 9,072,000 | 12,139,000 | 14,857,000 |
| Interest expense | 405,000 | 831,000 | 1,272,000 | 1,852,000 |
| Net interest income | 4,871,000 | 8,241,000 | 10,867,000 | 13,005,000 |
| Noninterest income | 4,002,000 | 6,090,000 | 7,718,000 | 9,402,000 |
| Noninterest expense | 9,733,000 | 13,363,000 | 24,448,000 | 38,173,000 |
| Provision for loan losses | -698,000 | 2,756,000 | 2,016,000 | 2,987,000 |
| Pretax income | -334,000 | -1,960,000 | -8,051,000 | -18,924,000 |
| Income tax | -134,000 | -784,000 | -3,148,000 | -7,354,000 |
| Net income | -200,000 | -1,176,000 | -4,903,000 | -11,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,805,000 | 34,292,000 | 30,749,000 | 21,035,000 |
| Total capital | 40,446,000 | 37,002,000 | 33,741,000 | 23,915,000 |
| Risk-weighted assets | 200,991,000 | 203,236,000 | 231,705,000 | 221,999,000 |