Call reports 2019
FIRST SEACOAST BANK — 2019
What FIRST SEACOAST 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 | 394,797,000 | 406,929,000 | 400,402,000 | 410,216,000 |
| Total loans | 327,146,000 | 333,677,000 | 338,028,000 | 345,676,000 |
| Allowance for loan losses | 2,806,000 | 2,832,000 | 2,799,000 | 2,875,000 |
| Securities available for sale | 42,728,000 | 43,519,000 | 40,367,000 | 44,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 277,154,000 | 314,326,000 | 299,703,000 | 293,943,000 |
| Interest-bearing deposits | 235,020,000 | 241,344,000 | 244,160,000 | 240,756,000 |
| Noninterest-bearing deposits | 42,134,000 | 72,982,000 | 55,543,000 | 53,187,000 |
| Equity capital | 33,449,000 | 34,005,000 | 46,923,000 | 46,998,000 |
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 | 3,795,000 | 7,729,000 | 11,713,000 | 15,645,000 |
| Interest expense | 1,029,000 | 2,096,000 | 2,988,000 | 3,843,000 |
| Net interest income | 2,766,000 | 5,633,000 | 8,725,000 | 11,802,000 |
| Noninterest income | 280,000 | 594,000 | 922,000 | 1,282,000 |
| Noninterest expense | 2,856,000 | 5,792,000 | 9,336,000 | 12,543,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 100,000 |
| Pretax income | 182,000 | 400,000 | 326,000 | 490,000 |
| Income tax | 4,000 | 10,000 | -109,000 | -86,000 |
| Net income | 178,000 | 390,000 | 435,000 | 576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,371,000 | 33,583,000 | 46,153,000 | 46,321,000 |
| Total capital | 36,218,000 | 36,477,000 | 49,006,000 | 49,259,000 |
| Risk-weighted assets | 252,719,000 | 260,077,000 | 259,364,000 | 266,013,000 |