Call reports 2004
SEA ISLAND BANK — 2004
What SEA ISLAND BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 263,697,000 | 289,522,000 | 319,689,000 | 351,170,000 |
| Total loans | 222,154,000 | 248,412,000 | 275,180,000 | 309,735,000 |
| Allowance for loan losses | 2,972,000 | 3,193,000 | 3,602,000 | 3,961,000 |
| Securities available for sale | 27,305,000 | 23,834,000 | 25,810,000 | 24,425,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,587,000 | 212,882,000 | 243,764,000 | 272,154,000 |
| Interest-bearing deposits | 162,059,000 | 167,809,000 | 197,649,000 | 225,288,000 |
| Noninterest-bearing deposits | 43,528,000 | 45,073,000 | 46,115,000 | 46,866,000 |
| Equity capital | 20,957,000 | 21,443,000 | 26,662,000 | 29,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,559,000 | 7,340,000 | 11,603,000 | 16,146,000 |
| Interest expense | 786,000 | 1,615,000 | 2,635,000 | 4,032,000 |
| Net interest income | 2,773,000 | 5,725,000 | 8,968,000 | 12,114,000 |
| Noninterest income | 556,000 | 1,144,000 | 1,768,000 | 2,408,000 |
| Noninterest expense | 1,826,000 | 3,831,000 | 6,087,000 | 8,066,000 |
| Provision for loan losses | 210,000 | 420,000 | 835,000 | 1,285,000 |
| Pretax income | 1,293,000 | 2,618,000 | 3,814,000 | 5,171,000 |
| Income tax | 454,000 | 922,000 | 1,343,000 | 1,828,000 |
| Net income | 839,000 | 1,696,000 | 2,471,000 | 3,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,585,000 | 21,288,000 | 26,462,000 | 28,938,000 |
| Total capital | 23,511,000 | 24,481,000 | 30,064,000 | 32,899,000 |
| Risk-weighted assets | 234,072,000 | 260,963,000 | 292,926,000 | 325,595,000 |