Call reports 2019
BEACH BANK — 2019
What BEACH BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 470,703,000 | 487,012,000 | 491,271,000 | 510,423,000 |
| Total loans | 271,615,000 | 299,382,000 | 315,072,000 | 335,277,000 |
| Allowance for loan losses | 2,108,000 | 2,394,000 | 2,615,000 | 2,826,000 |
| Securities available for sale | 133,978,000 | 111,703,000 | 67,495,000 | 59,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,388,000 | 382,972,000 | 392,390,000 | 390,611,000 |
| Interest-bearing deposits | 327,272,000 | 335,606,000 | 330,528,000 | 334,728,000 |
| Noninterest-bearing deposits | 43,116,000 | 47,366,000 | 61,862,000 | 55,883,000 |
| Equity capital | 55,562,000 | 56,144,000 | 55,896,000 | 79,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,823,000 | 9,848,000 | 14,895,000 | 19,597,000 |
| Interest expense | 1,492,000 | 3,043,000 | 4,597,000 | 6,003,000 |
| Net interest income | 3,331,000 | 6,805,000 | 10,298,000 | 13,594,000 |
| Noninterest income | 896,000 | 2,378,000 | 3,880,000 | 5,721,000 |
| Noninterest expense | 4,159,000 | 8,823,000 | 13,717,000 | 22,202,000 |
| Provision for loan losses | 100,000 | 345,000 | 539,000 | 1,578,000 |
| Pretax income | 181,000 | 543,000 | 759,000 | -3,628,000 |
| Income tax | 0 | 0 | 0 | -27,331,000 |
| Net income | 181,000 | 543,000 | 759,000 | 23,703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,798,000 | 55,161,000 | 55,376,000 | 53,782,000 |
| Total capital | 56,906,000 | 57,555,000 | 57,991,000 | 56,608,000 |
| Risk-weighted assets | 295,984,000 | 323,555,000 | 340,782,000 | 342,657,000 |