Call reports 2003
SEA ISLAND BANK — 2003
What SEA ISLAND BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 255,957,000 | 261,834,000 | 247,752,000 | 255,799,000 |
| Total loans | 206,362,000 | 212,689,000 | 210,935,000 | 211,483,000 |
| Allowance for loan losses | 2,811,000 | 2,828,000 | 2,768,000 | 2,775,000 |
| Securities available for sale | 32,924,000 | 32,785,000 | 26,308,000 | 29,429,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,822,000 | 188,836,000 | 191,532,000 | 204,311,000 |
| Interest-bearing deposits | 154,515,000 | 153,488,000 | 153,534,000 | 160,398,000 |
| Noninterest-bearing deposits | 36,307,000 | 35,348,000 | 37,998,000 | 43,913,000 |
| Equity capital | 20,250,000 | 20,489,000 | 20,634,000 | 20,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,577,000 | 7,198,000 | 10,773,000 | 14,309,000 |
| Interest expense | 1,028,000 | 2,047,000 | 2,899,000 | 3,693,000 |
| Net interest income | 2,549,000 | 5,151,000 | 7,874,000 | 10,616,000 |
| Noninterest income | 503,000 | 1,070,000 | 1,629,000 | 2,258,000 |
| Noninterest expense | 1,551,000 | 3,125,000 | 4,723,000 | 6,413,000 |
| Provision for loan losses | 195,000 | 240,000 | 240,000 | 270,000 |
| Pretax income | 1,306,000 | 2,856,000 | 4,540,000 | 6,191,000 |
| Income tax | 463,000 | 1,024,000 | 1,636,000 | 2,226,000 |
| Net income | 843,000 | 1,832,000 | 2,904,000 | 3,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,634,000 | 19,872,000 | 20,175,000 | 20,572,000 |
| Total capital | 22,294,000 | 22,630,000 | 22,905,000 | 23,336,000 |
| Risk-weighted assets | 212,653,000 | 220,538,000 | 218,390,000 | 221,092,000 |