Call reports 2007
SEA ISLAND BANK — 2007
What SEA ISLAND BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 600,446,000 | 625,109,000 | 656,889,000 | 698,671,000 |
| Total loans | 530,180,000 | 554,832,000 | 580,962,000 | 612,952,000 |
| Allowance for loan losses | 7,336,000 | 7,340,000 | 7,479,000 | 7,843,000 |
| Securities available for sale | 38,921,000 | 41,175,000 | 45,130,000 | 45,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 528,701,000 | 524,999,000 | 506,658,000 | 562,368,000 |
| Interest-bearing deposits | 486,230,000 | 484,269,000 | 487,430,000 | 542,287,000 |
| Noninterest-bearing deposits | 42,471,000 | 40,730,000 | 19,228,000 | 20,081,000 |
| Equity capital | 51,965,000 | 53,715,000 | 56,975,000 | 59,401,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 10,983,000 | 22,494,000 | 34,690,000 | 47,045,000 |
| Interest expense | 5,336,000 | 11,011,000 | 17,062,000 | 23,198,000 |
| Net interest income | 5,647,000 | 11,483,000 | 17,628,000 | 23,847,000 |
| Noninterest income | 795,000 | 1,728,000 | 2,660,000 | 3,673,000 |
| Noninterest expense | 3,325,000 | 6,739,000 | 10,454,000 | 13,986,000 |
| Provision for loan losses | 250,000 | 235,000 | 400,000 | 1,304,000 |
| Pretax income | 2,867,000 | 6,231,000 | 9,428,000 | 12,224,000 |
| Income tax | 1,063,000 | 2,322,000 | 3,515,000 | 4,510,000 |
| Net income | 1,804,000 | 3,909,000 | 5,913,000 | 7,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,983,000 | 54,022,000 | 56,816,000 | 59,004,000 |
| Total capital | 59,016,000 | 61,362,000 | 64,295,000 | 66,847,000 |
| Risk-weighted assets | 563,129,000 | 602,722,000 | 628,311,000 | 658,982,000 |