Call reports 2017
FIRST SEACOAST BANK — 2017
What FIRST SEACOAST BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 343,354,000 | 350,461,000 | 354,147,000 | 360,470,000 |
| Total loans | 285,205,000 | 290,779,000 | 299,497,000 | 307,533,000 |
| Allowance for loan losses | 2,659,000 | 2,674,000 | 2,739,000 | 2,804,000 |
| Securities available for sale | 34,981,000 | 34,604,000 | 28,945,000 | 28,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,108,000 | 255,783,000 | 253,443,000 | 251,619,000 |
| Interest-bearing deposits | 214,333,000 | 215,253,000 | 213,068,000 | 211,515,000 |
| Noninterest-bearing deposits | 40,775,000 | 40,530,000 | 40,375,000 | 40,104,000 |
| Equity capital | 31,084,000 | 31,520,000 | 31,855,000 | 31,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,017,000 | 6,163,000 | 9,454,000 | 12,765,000 |
| Interest expense | 389,000 | 808,000 | 1,290,000 | 1,820,000 |
| Net interest income | 2,628,000 | 5,355,000 | 8,164,000 | 10,945,000 |
| Noninterest income | 276,000 | 675,000 | 1,153,000 | 1,473,000 |
| Noninterest expense | 2,715,000 | 5,455,000 | 8,214,000 | 10,823,000 |
| Provision for loan losses | 15,000 | 30,000 | 95,000 | 160,000 |
| Pretax income | 235,000 | 630,000 | 1,206,000 | 1,613,000 |
| Income tax | 60,000 | 167,000 | 360,000 | 701,000 |
| Net income | 175,000 | 463,000 | 846,000 | 912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,339,000 | 31,628,000 | 32,010,000 | 32,112,000 |
| Total capital | 34,046,000 | 34,350,000 | 34,799,000 | 34,964,000 |
| Risk-weighted assets | 224,748,000 | 226,474,000 | 233,138,000 | 240,529,000 |