Call reports 2002
SEAPORT BANK — 2002
What SEAPORT BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 25,670,000 | 25,928,000 | 25,900,000 | 25,669,000 |
| Total loans | 9,999,000 | 9,871,000 | 9,313,000 | 8,881,000 |
| Allowance for loan losses | 74,000 | 74,000 | 75,000 | 75,000 |
| Securities available for sale | 6,212,000 | 6,899,000 | 6,469,000 | 5,995,000 |
| Securities held to maturity | 5,589,000 | 5,799,000 | 5,795,000 | 6,359,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,291,000 | 21,074,000 | 21,242,000 | 20,964,000 |
| Interest-bearing deposits | 19,006,000 | 18,547,000 | 18,651,000 | 18,609,000 |
| Noninterest-bearing deposits | 2,285,000 | 2,527,000 | 2,591,000 | 2,355,000 |
| Equity capital | 4,211,000 | 4,549,000 | 4,393,000 | 4,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 369,000 | 758,000 | 1,102,000 | 1,463,000 |
| Interest expense | 156,000 | 299,000 | 430,000 | 556,000 |
| Net interest income | 213,000 | 459,000 | 672,000 | 907,000 |
| Noninterest income | 25,000 | 45,000 | 61,000 | 90,000 |
| Noninterest expense | 141,000 | 291,000 | 447,000 | 608,000 |
| Provision for loan losses | 1,000 | 1,000 | 44,000 | 63,000 |
| Pretax income | 96,000 | 212,000 | 242,000 | 326,000 |
| Income tax | 21,000 | 46,000 | 91,000 | 91,000 |
| Net income | 75,000 | 166,000 | 151,000 | 235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,171,000 | 4,245,000 | 4,230,000 | 4,232,000 |
| Total capital | 4,245,000 | 4,319,000 | 4,305,000 | 4,307,000 |
| Risk-weighted assets | 13,382,000 | 13,262,000 | 12,949,000 | 12,437,000 |