Call reports 2014
SEACOAST COMMERCE BANK — 2014
What SEACOAST COMMERCE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 345,650,000 | 356,412,000 | 366,993,000 | 410,350,000 |
| Total loans | 265,030,000 | 298,528,000 | 319,074,000 | 357,084,000 |
| Allowance for loan losses | 5,104,000 | 5,206,000 | 5,354,000 | 5,058,000 |
| Securities available for sale | 4,879,000 | 5,703,000 | 5,445,000 | 5,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,803,000 | 323,787,000 | 317,044,000 | 362,302,000 |
| Interest-bearing deposits | 263,076,000 | 268,509,000 | 257,866,000 | 268,436,000 |
| Noninterest-bearing deposits | 50,727,000 | 55,278,000 | 59,179,000 | 93,866,000 |
| Equity capital | 28,498,000 | 29,117,000 | 30,241,000 | 31,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,197,000 | 8,604,000 | 13,073,000 | 18,210,000 |
| Interest expense | 569,000 | 1,085,000 | 1,565,000 | 1,974,000 |
| Net interest income | 3,628,000 | 7,519,000 | 11,508,000 | 16,236,000 |
| Noninterest income | 5,110,000 | 6,194,000 | 8,517,000 | 9,625,000 |
| Noninterest expense | 4,994,000 | 9,004,000 | 13,396,000 | 17,837,000 |
| Provision for loan losses | 250,000 | 350,000 | 450,000 | 450,000 |
| Pretax income | 3,494,000 | 4,345,000 | 6,135,000 | 7,530,000 |
| Income tax | 1,488,000 | 1,838,000 | 2,627,000 | 3,098,000 |
| Net income | 2,006,000 | 2,507,000 | 3,508,000 | 4,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,464,000 | 28,096,000 | 28,649,000 | 31,073,000 |
| Total capital | 30,703,000 | 30,458,000 | 31,045,000 | 33,726,000 |
| Risk-weighted assets | 176,247,000 | 186,128,000 | 188,694,000 | 209,797,000 |