Call reports 2021
FIRST SEACOAST BANK — 2021
What FIRST SEACOAST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 465,049,000 | 478,399,000 | 493,845,000 | 487,456,000 |
| Total loans | 369,556,000 | 376,060,000 | 372,757,000 | 376,887,000 |
| Allowance for loan losses | 3,404,000 | 3,466,000 | 3,528,000 | 3,590,000 |
| Securities available for sale | 53,616,000 | 67,153,000 | 77,546,000 | 88,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 375,044,000 | 382,061,000 | 401,737,000 | 404,587,000 |
| Interest-bearing deposits | 291,014,000 | 295,740,000 | 296,780,000 | 294,619,000 |
| Noninterest-bearing deposits | 84,030,000 | 86,321,000 | 104,957,000 | 109,968,000 |
| Equity capital | 49,036,000 | 50,141,000 | 50,023,000 | 50,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,001,000 | 7,935,000 | 11,845,000 | 15,720,000 |
| Interest expense | 265,000 | 512,000 | 747,000 | 1,235,000 |
| Net interest income | 3,736,000 | 7,423,000 | 11,098,000 | 14,485,000 |
| Noninterest income | 377,000 | 723,000 | 1,091,000 | 1,475,000 |
| Noninterest expense | 3,091,000 | 6,424,000 | 9,818,000 | 13,078,000 |
| Provision for loan losses | 60,000 | 85,000 | 145,000 | 205,000 |
| Pretax income | 1,165,000 | 2,172,000 | 2,774,000 | 3,225,000 |
| Income tax | 256,000 | 429,000 | 566,000 | 601,000 |
| Net income | 909,000 | 1,743,000 | 2,208,000 | 2,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,069,000 | 48,987,000 | 49,243,000 | 49,151,000 |
| Total capital | 51,520,000 | 52,504,000 | 52,826,000 | 52,798,000 |
| Risk-weighted assets | 287,828,000 | 289,209,000 | 293,702,000 | 295,517,000 |