Call reports 2020
SEAMENS BANK — 2020
What SEAMENS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 383,164,000 | 441,904,000 | 472,022,000 | 482,925,000 |
| Total loans | 286,101,000 | 297,927,000 | 284,321,000 | 268,353,000 |
| Allowance for loan losses | 3,260,000 | 3,318,000 | 3,360,000 | 3,425,000 |
| Securities available for sale | 64,378,000 | 66,089,000 | 65,868,000 | 65,889,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,830,000 | 378,551,000 | 423,178,000 | 433,377,000 |
| Interest-bearing deposits | 277,465,000 | 297,319,000 | 323,373,000 | 350,711,000 |
| Noninterest-bearing deposits | 53,365,000 | 81,232,000 | 99,805,000 | 82,666,000 |
| Equity capital | 43,981,000 | 45,182,000 | 45,504,000 | 45,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,668,000 | 7,049,000 | 10,405,000 | 13,566,000 |
| Interest expense | 671,000 | 1,334,000 | 1,914,000 | 2,408,000 |
| Net interest income | 2,997,000 | 5,715,000 | 8,491,000 | 11,158,000 |
| Noninterest income | 262,000 | 645,000 | 1,136,000 | 1,956,000 |
| Noninterest expense | 2,610,000 | 5,448,000 | 8,078,000 | 11,090,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 290,000 |
| Pretax income | 584,000 | 788,000 | 1,365,000 | 1,795,000 |
| Income tax | 136,000 | 168,000 | 307,000 | 406,000 |
| Net income | 448,000 | 620,000 | 1,058,000 | 1,389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,150,000 | 44,321,000 | 44,759,000 | 45,090,000 |