Call reports 2020
SEACOAST COMMERCE BANK — 2020
What SEACOAST COMMERCE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Total assets | 1,132,819,000 | 1,288,818,000 | 1,327,398,000 |
| Total loans | 965,646,000 | 1,090,276,000 | 1,161,597,000 |
| Allowance for loan losses | 6,559,000 | 7,135,000 | 7,301,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 968,565,000 | 1,041,415,000 | 1,005,544,000 |
| Interest-bearing deposits | 447,616,000 | 390,729,000 | 368,341,000 |
| Noninterest-bearing deposits | 520,949,000 | 650,686,000 | 637,203,000 |
| Equity capital | 134,219,000 | 137,710,000 | 139,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Interest income | 15,975,000 | 30,557,000 | 45,356,000 |
| Interest expense | 906,000 | 1,377,000 | 1,696,000 |
| Net interest income | 15,069,000 | 29,180,000 | 43,660,000 |
| Noninterest income | 2,467,000 | 4,862,000 | 7,927,000 |
| Noninterest expense | 11,700,000 | 22,722,000 | 35,541,000 |
| Provision for loan losses | 500,000 | 825,000 | 1,118,000 |
| Pretax income | 5,336,000 | 10,495,000 | 14,928,000 |
| Income tax | 1,515,000 | 2,947,000 | 4,419,000 |
| Net income | 3,821,000 | 7,548,000 | 10,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 97,606,000 | 101,149,000 | 103,104,000 |
| Total capital | 104,273,000 | 108,393,000 | 110,489,000 |
| Risk-weighted assets | 701,006,000 | 721,007,000 | 753,839,000 |