Call reports 2008
SEAWAY COMMUNITY BANK — 2008
What SEAWAY COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 163,574,000 | 163,268,000 | 165,480,000 | 162,020,000 |
| Total loans | 144,304,000 | 143,637,000 | 139,717,000 | 138,118,000 |
| Allowance for loan losses | 1,845,000 | 1,977,000 | 1,922,000 | 4,393,000 |
| Securities available for sale | 6,804,000 | 7,688,000 | 7,638,000 | 9,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,542,000 | 128,364,000 | 132,116,000 | 129,392,000 |
| Interest-bearing deposits | 117,035,000 | 113,980,000 | 117,341,000 | 117,566,000 |
| Noninterest-bearing deposits | 14,507,000 | 14,384,000 | 14,775,000 | 11,826,000 |
| Equity capital | 13,489,000 | 14,688,000 | 15,152,000 | 14,442,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,673,000 | 5,298,000 | 7,877,000 | 10,229,000 |
| Interest expense | 1,289,000 | 2,434,000 | 3,525,000 | 4,581,000 |
| Net interest income | 1,384,000 | 2,864,000 | 4,352,000 | 5,648,000 |
| Noninterest income | 303,000 | 592,000 | 752,000 | 1,045,000 |
| Noninterest expense | 1,239,000 | 2,425,000 | 3,694,000 | 5,085,000 |
| Provision for loan losses | 165,000 | 565,000 | 2,572,000 | 5,567,000 |
| Pretax income | 283,000 | 466,000 | -1,162,000 | -3,959,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 283,000 | 466,000 | -1,162,000 | -3,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,380,000 | 14,675,000 | 15,100,000 | 14,303,000 |
| Total capital | 15,122,000 | 16,544,000 | 16,890,000 | 16,051,000 |
| Risk-weighted assets | 139,281,000 | 149,407,000 | 143,043,000 | 137,224,000 |