Call reports 2009
SEA ISLAND BANK — 2009
What SEA ISLAND BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 752,807,000 | 766,923,000 | 791,581,000 | 777,609,000 |
| Total loans | 663,710,000 | 683,725,000 | 672,208,000 | 641,705,000 |
| Allowance for loan losses | 9,022,000 | 14,088,000 | 15,549,000 | 12,021,000 |
| Securities available for sale | 51,476,000 | 50,163,000 | 40,824,000 | 40,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 623,307,000 | 626,159,000 | 662,569,000 | 648,012,000 |
| Interest-bearing deposits | 547,003,000 | 552,908,000 | 591,252,000 | 576,972,000 |
| Noninterest-bearing deposits | 76,304,000 | 73,251,000 | 71,317,000 | 71,040,000 |
| Equity capital | 65,407,000 | 62,423,000 | 63,822,000 | 65,236,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 9,541,000 | 19,258,000 | 29,150,000 | 38,450,000 |
| Interest expense | 3,952,000 | 7,408,000 | 10,530,000 | 13,332,000 |
| Net interest income | 5,589,000 | 11,850,000 | 18,620,000 | 25,118,000 |
| Noninterest income | 56,000 | -1,144,000 | -1,673,000 | -1,587,000 |
| Noninterest expense | 5,501,000 | 8,693,000 | 13,189,000 | 17,824,000 |
| Provision for loan losses | 3,126,000 | 12,020,000 | 19,301,000 | 31,839,000 |
| Pretax income | -2,982,000 | -10,007,000 | -15,435,000 | -26,024,000 |
| Income tax | -1,223,000 | -3,987,000 | -6,140,000 | -4,664,000 |
| Net income | -1,759,000 | -6,020,000 | -9,295,000 | -21,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,153,000 | 61,386,000 | 62,788,000 | 64,442,000 |
| Total capital | 72,917,000 | 70,035,000 | 71,335,000 | 72,677,000 |
| Risk-weighted assets | 699,321,000 | 686,480,000 | 676,746,000 | 655,002,000 |