Call reports 2011
SEAWAY COMMUNITY BANK — 2011
What SEAWAY COMMUNITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 173,395,000 | 170,593,000 | 178,960,000 | 171,831,000 |
| Total loans | 121,424,000 | 128,130,000 | 132,778,000 | 133,777,000 |
| Allowance for loan losses | 8,910,000 | 7,716,000 | 7,045,000 | 7,478,000 |
| Securities available for sale | 24,012,000 | 21,376,000 | 15,490,000 | 18,003,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,253,000 | 139,248,000 | 147,289,000 | 140,487,000 |
| Interest-bearing deposits | 121,588,000 | 119,138,000 | 126,896,000 | 118,089,000 |
| Noninterest-bearing deposits | 20,665,000 | 20,110,000 | 20,393,000 | 22,398,000 |
| Equity capital | 16,066,000 | 16,353,000 | 16,760,000 | 16,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,981,000 | 3,984,000 | 6,042,000 | 8,096,000 |
| Interest expense | 501,000 | 994,000 | 1,461,000 | 1,835,000 |
| Net interest income | 1,480,000 | 2,990,000 | 4,581,000 | 6,261,000 |
| Noninterest income | 371,000 | 633,000 | 986,000 | 1,292,000 |
| Noninterest expense | 1,553,000 | 3,055,000 | 4,524,000 | 6,114,000 |
| Provision for loan losses | 388,000 | 655,000 | 884,000 | 2,005,000 |
| Pretax income | -90,000 | -87,000 | 159,000 | -566,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -90,000 | -87,000 | 159,000 | -566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,915,000 | 15,909,000 | 16,163,000 | 15,686,000 |
| Total capital | 17,489,000 | 17,555,000 | 17,834,000 | 17,356,000 |
| Risk-weighted assets | 118,546,000 | 125,598,000 | 128,295,000 | 127,781,000 |