Call reports 2023
SEAMENS BANK — 2023
What SEAMENS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 455,193,000 | 454,448,000 | 485,440,000 | 454,610,000 |
| Total loans | 278,736,000 | 296,149,000 | 305,545,000 | 309,313,000 |
| Allowance for loan losses | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 |
| Securities available for sale | 69,315,000 | 69,871,000 | 70,441,000 | 72,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 406,950,000 | 405,669,000 | 435,882,000 | 402,908,000 |
| Interest-bearing deposits | 323,556,000 | 321,640,000 | 338,723,000 | 319,791,000 |
| Noninterest-bearing deposits | 83,394,000 | 84,029,000 | 97,159,000 | 83,117,000 |
| Equity capital | 47,829,000 | 48,078,000 | 48,968,000 | 51,037,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,591,000 | 9,440,000 | 14,728,000 | 20,200,000 |
| Interest expense | 901,000 | 2,033,000 | 3,331,000 | 4,651,000 |
| Net interest income | 3,690,000 | 7,407,000 | 11,397,000 | 15,549,000 |
| Noninterest income | 241,000 | 457,000 | 735,000 | 962,000 |
| Noninterest expense | 3,192,000 | 6,686,000 | 9,868,000 | 13,053,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 427,000 | 864,000 | 1,950,000 | 3,144,000 |
| Income tax | 115,000 | 209,000 | 482,000 | 784,000 |
| Net income | 312,000 | 655,000 | 1,468,000 | 2,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,752,000 | 51,095,000 | 51,909,000 | 52,799,000 |