Call reports 2022
FIRST SEACOAST BANK — 2022
What FIRST SEACOAST BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 499,707,000 | 510,338,000 | 523,655,000 | 537,395,000 |
| Total loans | 379,456,000 | 384,539,000 | 395,319,000 | 402,003,000 |
| Allowance for loan losses | 3,642,000 | 3,643,000 | 3,584,000 | 3,580,000 |
| Securities available for sale | 98,490,000 | 103,387,000 | 100,800,000 | 106,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 400,905,000 | 400,169,000 | 398,937,000 | 393,417,000 |
| Interest-bearing deposits | 296,109,000 | 296,168,000 | 297,265,000 | 289,606,000 |
| Noninterest-bearing deposits | 104,796,000 | 104,001,000 | 101,672,000 | 103,811,000 |
| Equity capital | 46,362,000 | 42,675,000 | 38,532,000 | 39,950,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,956,000 | 8,005,000 | 12,266,000 | 16,946,000 |
| Interest expense | 178,000 | 391,000 | 818,000 | 1,747,000 |
| Net interest income | 3,778,000 | 7,614,000 | 11,448,000 | 15,199,000 |
| Noninterest income | 350,000 | 706,000 | 1,027,000 | 1,299,000 |
| Noninterest expense | 3,668,000 | 7,611,000 | 11,321,000 | 16,762,000 |
| Provision for loan losses | 60,000 | 60,000 | 0 | 0 |
| Pretax income | 452,000 | 701,000 | 1,206,000 | -1,011,000 |
| Income tax | 58,000 | 63,000 | 101,000 | -512,000 |
| Net income | 394,000 | 638,000 | 1,105,000 | -499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,004,000 | 50,373,000 | 51,002,000 | 48,821,000 |
| Total capital | 53,699,000 | 54,064,000 | 54,630,000 | 52,475,000 |
| Risk-weighted assets | 310,453,000 | 323,717,000 | 333,689,000 | 337,846,000 |