Call reports 2018
SEACOAST COMMERCE BANK — 2018
What SEACOAST COMMERCE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 980,085,000 | 998,802,000 | 1,022,621,000 | 1,040,455,000 |
| Total loans | 804,475,000 | 805,275,000 | 821,256,000 | 878,142,000 |
| Allowance for loan losses | 4,507,000 | 4,560,000 | 4,560,000 | 4,882,000 |
| Securities available for sale | 6,075,000 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 746,468,000 | 777,875,000 | 767,376,000 | 809,547,000 |
| Interest-bearing deposits | 417,088,000 | 431,278,000 | 441,856,000 | 458,066,000 |
| Noninterest-bearing deposits | 329,379,000 | 346,597,000 | 325,519,000 | 351,481,000 |
| Equity capital | 123,739,000 | 126,612,000 | 129,117,000 | 119,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 12,951,000 | 26,992,000 | 41,173,000 | 57,147,000 |
| Interest expense | 903,000 | 1,957,000 | 3,117,000 | 4,534,000 |
| Net interest income | 12,048,000 | 25,035,000 | 38,056,000 | 52,613,000 |
| Noninterest income | 2,114,000 | 4,571,000 | 6,967,000 | 8,200,000 |
| Noninterest expense | 9,562,000 | 19,732,000 | 30,465,000 | 41,594,000 |
| Provision for loan losses | 0 | 200,000 | 200,000 | 550,000 |
| Pretax income | 4,600,000 | 9,483,000 | 14,167,000 | 18,478,000 |
| Income tax | 1,374,000 | 2,785,000 | 3,836,000 | 4,882,000 |
| Net income | 3,226,000 | 6,698,000 | 10,331,000 | 13,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,771,000 | 88,820,000 | 92,102,000 | 82,735,000 |
| Total capital | 88,377,000 | 93,478,000 | 96,761,000 | 87,716,000 |
| Risk-weighted assets | 571,432,000 | 569,927,000 | 589,513,000 | 638,943,000 |