Call reports 2020
FIRST SEACOAST BANK — 2020
What FIRST SEACOAST 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 | 412,609,000 | 471,386,000 | 477,097,000 | 443,496,000 |
| Total loans | 348,992,000 | 379,542,000 | 377,056,000 | 365,183,000 |
| Allowance for loan losses | 3,009,000 | 3,152,000 | 3,246,000 | 3,342,000 |
| Securities available for sale | 43,505,000 | 44,223,000 | 56,913,000 | 55,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,634,000 | 343,153,000 | 352,791,000 | 339,647,000 |
| Interest-bearing deposits | 242,568,000 | 270,683,000 | 279,222,000 | 262,810,000 |
| Noninterest-bearing deposits | 53,066,000 | 72,470,000 | 73,569,000 | 76,837,000 |
| Equity capital | 47,486,000 | 48,304,000 | 48,680,000 | 48,646,000 |
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 | 3,968,000 | 7,971,000 | 11,983,000 | 16,100,000 |
| Interest expense | 790,000 | 1,448,000 | 1,952,000 | 3,174,000 |
| Net interest income | 3,178,000 | 6,523,000 | 10,031,000 | 12,926,000 |
| Noninterest income | 284,000 | 705,000 | 1,096,000 | 1,386,000 |
| Noninterest expense | 3,181,000 | 6,402,000 | 9,724,000 | 13,186,000 |
| Provision for loan losses | 115,000 | 275,000 | 385,000 | 480,000 |
| Pretax income | 280,000 | 834,000 | 1,309,000 | 1,056,000 |
| Income tax | 23,000 | 46,000 | 128,000 | -24,000 |
| Net income | 257,000 | 788,000 | 1,181,000 | 1,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,717,000 | 47,100,000 | 47,340,000 | 47,222,000 |
| Total capital | 49,784,000 | 50,295,000 | 50,632,000 | 50,612,000 |
| Risk-weighted assets | 272,606,000 | 291,418,000 | 310,889,000 | 282,411,000 |