Call reports 2013
BEACH BANK — 2013
What BEACH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 587,162,000 | 595,980,000 | 575,212,000 | 562,075,000 |
| Total loans | 425,985,000 | 415,260,000 | 415,371,000 | 407,031,000 |
| Allowance for loan losses | 8,524,000 | 8,480,000 | 6,694,000 | 7,712,000 |
| Securities available for sale | 46,947,000 | 55,990,000 | 56,445,000 | 56,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,985,000 | 525,987,000 | 503,035,000 | 482,390,000 |
| Interest-bearing deposits | 491,258,000 | 495,956,000 | 471,658,000 | 454,149,000 |
| Noninterest-bearing deposits | 26,727,000 | 30,031,000 | 31,377,000 | 28,241,000 |
| Equity capital | 31,183,000 | 31,020,000 | 29,800,000 | 28,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,762,000 | 9,421,000 | 14,019,000 | 18,300,000 |
| Interest expense | 1,653,000 | 3,273,000 | 4,687,000 | 5,901,000 |
| Net interest income | 3,109,000 | 6,148,000 | 9,332,000 | 12,399,000 |
| Noninterest income | 1,248,000 | 3,085,000 | 4,275,000 | 6,787,000 |
| Noninterest expense | 5,050,000 | 10,107,000 | 14,993,000 | 19,778,000 |
| Provision for loan losses | 0 | 0 | 488,000 | 1,516,000 |
| Pretax income | -301,000 | -476,000 | -1,476,000 | -1,710,000 |
| Income tax | 16,000 | 18,000 | 18,000 | 1,034,000 |
| Net income | -317,000 | -494,000 | -1,494,000 | -2,744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,565,000 | 29,396,000 | 28,264,000 | 27,853,000 |
| Total capital | 35,442,000 | 35,216,000 | 34,071,000 | 33,587,000 |
| Risk-weighted assets | 467,490,000 | 462,908,000 | 463,705,000 | 456,731,000 |