Call reports 2003
SEAPORT BANK — 2003
What SEAPORT BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 25,905,000 | 26,105,000 | 25,671,000 | 24,852,000 |
| Total loans | 8,636,000 | 8,413,000 | 8,228,000 | 8,251,000 |
| Allowance for loan losses | 84,000 | 84,000 | 86,000 | 86,000 |
| Securities available for sale | 5,858,000 | 6,459,000 | 6,549,000 | 5,589,000 |
| Securities held to maturity | 7,315,000 | 7,719,000 | 7,465,000 | 7,577,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,215,000 | 21,305,000 | 20,931,000 | 20,116,000 |
| Interest-bearing deposits | 18,623,000 | 18,526,000 | 17,965,000 | 17,737,000 |
| Noninterest-bearing deposits | 2,592,000 | 2,779,000 | 2,966,000 | 2,379,000 |
| Equity capital | 4,473,000 | 4,551,000 | 4,524,000 | 4,490,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 350,000 | 708,000 | 1,022,000 | 1,347,000 |
| Interest expense | 119,000 | 232,000 | 337,000 | 429,000 |
| Net interest income | 231,000 | 476,000 | 685,000 | 918,000 |
| Noninterest income | 18,000 | 50,000 | 72,000 | 106,000 |
| Noninterest expense | 143,000 | 302,000 | 460,000 | 635,000 |
| Provision for loan losses | 4,000 | 5,000 | 10,000 | 13,000 |
| Pretax income | 102,000 | 219,000 | 287,000 | 376,000 |
| Income tax | 30,000 | 64,000 | 94,000 | 93,000 |
| Net income | 72,000 | 155,000 | 193,000 | 283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,306,000 | 4,357,000 | 4,393,000 | 4,380,000 |
| Total capital | 4,390,000 | 4,445,000 | 4,479,000 | 4,466,000 |
| Risk-weighted assets | 12,152,000 | 12,019,000 | 11,803,000 | 11,583,000 |