Call reports 2002
SEA ISLAND BANK — 2002
What SEA ISLAND BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 205,050,000 | 224,742,000 | 236,679,000 | 250,233,000 |
| Total loans | 157,211,000 | 174,671,000 | 191,863,000 | 200,472,000 |
| Allowance for loan losses | 2,225,000 | 2,292,000 | 2,467,000 | 2,618,000 |
| Securities available for sale | 34,450,000 | 34,442,000 | 30,427,000 | 33,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,841,000 | 173,502,000 | 173,076,000 | 186,875,000 |
| Interest-bearing deposits | 135,965,000 | 132,059,000 | 140,161,000 | 151,549,000 |
| Noninterest-bearing deposits | 30,876,000 | 41,443,000 | 32,915,000 | 35,326,000 |
| Equity capital | 16,269,000 | 16,946,000 | 21,001,000 | 20,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,295,000 | 6,720,000 | 10,356,000 | 13,993,000 |
| Interest expense | 932,000 | 1,905,000 | 2,970,000 | 4,009,000 |
| Net interest income | 2,363,000 | 4,815,000 | 7,386,000 | 9,984,000 |
| Noninterest income | 465,000 | 904,000 | 1,392,000 | 1,887,000 |
| Noninterest expense | 1,448,000 | 2,771,000 | 4,383,000 | 5,809,000 |
| Provision for loan losses | 40,000 | 130,000 | 462,000 | 683,000 |
| Pretax income | 1,340,000 | 2,886,000 | 4,042,000 | 5,488,000 |
| Income tax | 475,000 | 1,028,000 | 1,433,000 | 1,952,000 |
| Net income | 865,000 | 1,858,000 | 2,609,000 | 3,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,918,000 | 16,310,000 | 20,256,000 | 19,808,000 |
| Total capital | 18,010,000 | 18,602,000 | 22,723,000 | 22,426,000 |
| Risk-weighted assets | 167,318,000 | 185,357,000 | 201,049,000 | 208,880,000 |