Call reports 2004
SEAPORT BANK — 2004
What SEAPORT BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 25,017,000 | 25,611,000 | 25,803,000 | 25,654,000 |
| Total loans | 7,927,000 | 8,456,000 | 8,422,000 | 8,544,000 |
| Allowance for loan losses | 86,000 | 86,000 | 87,000 | 87,000 |
| Securities available for sale | 5,396,000 | 4,968,000 | 5,041,000 | 4,598,000 |
| Securities held to maturity | 8,392,000 | 8,554,000 | 8,886,000 | 8,803,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,272,000 | 20,927,000 | 21,086,000 | 20,900,000 |
| Interest-bearing deposits | 17,752,000 | 18,213,000 | 18,502,000 | 18,443,000 |
| Noninterest-bearing deposits | 2,520,000 | 2,714,000 | 2,584,000 | 2,457,000 |
| Equity capital | 4,572,000 | 4,524,000 | 4,575,000 | 4,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 298,000 | 593,000 | 899,000 | 1,209,000 |
| Interest expense | 93,000 | 184,000 | 276,000 | 373,000 |
| Net interest income | 205,000 | 409,000 | 623,000 | 836,000 |
| Noninterest income | 24,000 | 62,000 | 97,000 | 131,000 |
| Noninterest expense | 161,000 | 327,000 | 492,000 | 671,000 |
| Provision for loan losses | 0 | 0 | 11,000 | 16,000 |
| Pretax income | 68,000 | 144,000 | 217,000 | 280,000 |
| Income tax | 21,000 | 53,000 | 82,000 | 56,000 |
| Net income | 47,000 | 91,000 | 135,000 | 224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,431,000 | 4,442,000 | 4,486,000 | 4,475,000 |
| Total capital | 4,517,000 | 4,528,000 | 4,573,000 | 4,562,000 |
| Risk-weighted assets | 11,213,000 | 11,856,000 | 11,897,000 | 11,876,000 |