Call reports 2024
SEAMENS BANK — 2024
What SEAMENS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 440,721,000 | 440,195,000 | 479,973,000 | 467,858,000 |
| Total loans | 317,388,000 | 331,396,000 | 333,724,000 | 339,282,000 |
| Allowance for loan losses | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 |
| Securities available for sale | 72,903,000 | 72,939,000 | 73,901,000 | 75,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,637,000 | 387,763,000 | 425,604,000 | 413,368,000 |
| Interest-bearing deposits | 314,317,000 | 311,869,000 | 330,816,000 | 333,033,000 |
| Noninterest-bearing deposits | 74,320,000 | 75,894,000 | 94,788,000 | 80,335,000 |
| Equity capital | 51,653,000 | 52,118,000 | 53,943,000 | 54,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,119,000 | 10,304,000 | 15,901,000 | 21,838,000 |
| Interest expense | 1,335,000 | 2,780,000 | 4,418,000 | 6,275,000 |
| Net interest income | 3,784,000 | 7,524,000 | 11,483,000 | 15,563,000 |
| Noninterest income | 233,000 | 470,000 | 739,000 | 953,000 |
| Noninterest expense | 3,256,000 | 6,804,000 | 10,048,000 | 13,502,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 761,000 | 1,190,000 | 2,174,000 | 3,014,000 |
| Income tax | 175,000 | 255,000 | 487,000 | 676,000 |
| Net income | 586,000 | 935,000 | 1,687,000 | 2,338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,385,000 | 53,735,000 | 54,487,000 | 55,138,000 |