Call reports 2020
SEACOAST NATIONAL BANK — 2020
What SEACOAST NATIONAL 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 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 7,352,580,000 | 8,083,700,000 | 8,287,421,000 | 8,343,334,000 |
| Total loans | 5,346,488,000 | 5,826,996,000 | 5,931,075,000 | 5,804,239,000 |
| Allowance for loan losses | 85,411,000 | 91,250,000 | 94,013,000 | 92,733,000 |
| Securities available for sale | 910,311,000 | 976,025,000 | 1,286,858,000 | 1,398,157,000 |
| Securities held to maturity | 252,373,000 | 227,092,000 | 207,376,000 | 184,484,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,887,665,000 | 6,667,157,000 | 6,915,665,000 | 6,932,634,000 |
| Interest-bearing deposits | 4,183,680,000 | 4,399,274,000 | 4,514,089,000 | 4,642,772,000 |
| Noninterest-bearing deposits | 1,703,985,000 | 2,267,883,000 | 2,401,576,000 | 2,289,862,000 |
| Equity capital | 1,011,620,000 | 1,045,713,000 | 1,108,995,000 | 1,132,513,000 |
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 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 72,988,000 | 146,209,000 | 214,337,000 | 287,012,000 |
| Interest expense | 9,216,000 | 14,609,000 | 18,825,000 | 22,303,000 |
| Net interest income | 63,772,000 | 131,600,000 | 195,512,000 | 264,709,000 |
| Noninterest income | 15,157,000 | 29,023,000 | 45,629,000 | 59,189,000 |
| Noninterest expense | 48,129,000 | 90,189,000 | 141,352,000 | 183,508,000 |
| Provision for loan losses | 29,513,000 | 37,124,000 | 35,879,000 | 37,779,000 |
| Pretax income | 1,306,000 | 34,558,000 | 64,762,000 | 103,445,000 |
| Income tax | 4,000 | 7,401,000 | 14,515,000 | 23,422,000 |
| Net income | 1,302,000 | 27,157,000 | 50,247,000 | 80,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 797,045,000 | 823,301,000 | 875,455,000 | 897,731,000 |
| Total capital | 854,992,000 | 885,445,000 | 936,596,000 | 956,592,000 |
| Risk-weighted assets | 5,468,555,000 | 5,364,686,000 | 5,561,464,000 | 5,557,718,000 |