Call reports 2016
SEACOAST COMMERCE BANK — 2016
What SEACOAST COMMERCE BANK 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 | 526,359,000 | 538,494,000 | 578,795,000 | 569,432,000 |
| Total loans | 391,274,000 | 409,096,000 | 416,473,000 | 446,323,000 |
| Allowance for loan losses | 5,507,000 | 5,507,000 | 5,507,000 | 4,507,000 |
| Securities available for sale | 3,995,000 | 3,765,000 | 3,525,000 | 3,308,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 475,722,000 | 484,954,000 | 522,931,000 | 510,626,000 |
| Interest-bearing deposits | 251,419,000 | 233,223,000 | 265,468,000 | 248,544,000 |
| Noninterest-bearing deposits | 224,303,000 | 251,731,000 | 257,463,000 | 262,082,000 |
| Equity capital | 46,004,000 | 47,610,000 | 48,775,000 | 50,304,000 |
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 | 5,949,000 | 12,025,000 | 18,255,000 | 24,532,000 |
| Interest expense | 303,000 | 604,000 | 909,000 | 1,179,000 |
| Net interest income | 5,646,000 | 11,421,000 | 17,346,000 | 23,353,000 |
| Noninterest income | 3,388,000 | 6,793,000 | 10,866,000 | 13,168,000 |
| Noninterest expense | 6,020,000 | 12,336,000 | 19,879,000 | 26,038,000 |
| Provision for loan losses | 0 | 0 | 0 | -1,000,000 |
| Pretax income | 3,014,000 | 5,878,000 | 8,333,000 | 11,483,000 |
| Income tax | 1,230,000 | 2,217,000 | 3,094,000 | 4,245,000 |
| Net income | 1,784,000 | 3,661,000 | 5,239,000 | 7,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,981,000 | 47,582,000 | 48,754,000 | 49,986,000 |
| Total capital | 48,784,000 | 50,594,000 | 51,891,000 | 53,326,000 |
| Risk-weighted assets | 221,435,000 | 238,411,000 | 248,504,000 | 265,675,000 |