Call reports 2006
SEA ISLAND BANK — 2006
What SEA ISLAND BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 498,023,000 | 529,170,000 | 563,803,000 | 584,268,000 |
| Total loans | 444,989,000 | 468,659,000 | 502,979,000 | 520,073,000 |
| Allowance for loan losses | 6,267,000 | 6,618,000 | 7,146,000 | 7,059,000 |
| Securities available for sale | 31,675,000 | 33,028,000 | 33,744,000 | 32,773,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,009,000 | 441,865,000 | 489,736,000 | 496,571,000 |
| Interest-bearing deposits | 358,949,000 | 397,869,000 | 449,558,000 | 454,185,000 |
| Noninterest-bearing deposits | 42,060,000 | 43,996,000 | 40,178,000 | 42,386,000 |
| Equity capital | 41,910,000 | 45,255,000 | 47,858,000 | 49,972,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 8,372,000 | 17,648,000 | 27,923,000 | 38,838,000 |
| Interest expense | 3,528,000 | 7,602,000 | 12,379,000 | 17,517,000 |
| Net interest income | 4,844,000 | 10,046,000 | 15,544,000 | 21,321,000 |
| Noninterest income | 668,000 | 2,097,000 | 2,832,000 | 3,650,000 |
| Noninterest expense | 2,588,000 | 5,635,000 | 8,753,000 | 12,063,000 |
| Provision for loan losses | 700,000 | 1,350,000 | 1,850,000 | 1,900,000 |
| Pretax income | 2,224,000 | 5,158,000 | 7,773,000 | 11,008,000 |
| Income tax | 824,000 | 1,678,000 | 2,644,000 | 3,841,000 |
| Net income | 1,400,000 | 3,480,000 | 5,129,000 | 7,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,223,000 | 45,655,000 | 47,999,000 | 50,085,000 |
| Total capital | 48,153,000 | 51,917,000 | 54,677,000 | 57,044,000 |
| Risk-weighted assets | 474,061,000 | 500,623,000 | 533,808,000 | 556,610,000 |