Call reports 2015
SEACOAST COMMERCE BANK — 2015
What SEACOAST COMMERCE BANK 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 | 436,779,000 | 463,357,000 | 519,242,000 | 514,790,000 |
| Total loans | 368,845,000 | 377,010,000 | 383,552,000 | 396,404,000 |
| Allowance for loan losses | 5,329,000 | 5,390,000 | 5,506,000 | 5,507,000 |
| Securities available for sale | 4,985,000 | 4,678,000 | 4,398,000 | 4,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,295,000 | 418,482,000 | 471,768,000 | 464,070,000 |
| Interest-bearing deposits | 269,906,000 | 275,011,000 | 296,495,000 | 258,924,000 |
| Noninterest-bearing deposits | 123,388,000 | 143,471,000 | 175,273,000 | 205,147,000 |
| Equity capital | 38,592,000 | 40,143,000 | 41,849,000 | 44,014,000 |
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 | 5,176,000 | 10,701,000 | 16,261,000 | 22,322,000 |
| Interest expense | 403,000 | 806,000 | 1,201,000 | 1,576,000 |
| Net interest income | 4,773,000 | 9,895,000 | 15,060,000 | 20,746,000 |
| Noninterest income | 3,021,000 | 6,063,000 | 9,304,000 | 12,927,000 |
| Noninterest expense | 5,267,000 | 10,744,000 | 16,531,000 | 23,003,000 |
| Provision for loan losses | 250,000 | 500,000 | 500,000 | 500,000 |
| Pretax income | 2,277,000 | 4,714,000 | 7,333,000 | 10,170,000 |
| Income tax | 926,000 | 1,923,000 | 3,014,000 | 4,163,000 |
| Net income | 1,351,000 | 2,791,000 | 4,319,000 | 6,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,353,000 | 40,118,000 | 41,260,000 | 43,999,000 |
| Total capital | 41,182,000 | 42,800,000 | 44,046,000 | 46,887,000 |
| Risk-weighted assets | 223,638,000 | 211,808,000 | 219,596,000 | 228,323,000 |