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First Seacoast Bancorp FSEA Tax expense on reclassification of realized net derivative loss to net income

Tax expense on reclassification of realized net derivative loss to net income at other companies

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Independent Bank CorpINDB

Other financials

Income statement

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Revenue$3.9M+11.2%
Net income-$508.0K+15.8%
EPS (diluted)-$0.12+14.3%

Balance sheet

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Total debt$7.7M+8.2%
Total equity$62.6M+2.3%
Total assets$588.8M-0.6%

Cash flow

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Operating cash flow$547.0K-4.5%
CapEx$346.0K+1,016%
Free cash flow$201.0K-62.9%

Valuation

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Market cap$79.1M+49.2%
P/S+1.2×

Profitability

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Net margin-4.7%-5.0pp
FCF margin-18.3%

Returns & leverage

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Return on equity-1.2%-1.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Seacoast Bancorp in its filing.

Tagged under the XBRL concept us-gaap:OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax.

The official record: First Seacoast Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Seacoast Bancorp's tax expense on reclassification of realized net derivative loss to net income?
First Seacoast Bancorp (FSEA) reported tax expense on reclassification of realized net derivative loss to net income of $4K in Q1 2026.
What is the long-term trend for First Seacoast Bancorp's tax expense on reclassification of realized net derivative loss to net income?
Over 3 years (2022 to 2025), First Seacoast Bancorp's tax expense on reclassification of realized net derivative loss to net income has grown at a -59.5% compound annual growth rate (CAGR), from $30K to $2K.
What does tax expense on reclassification of realized net derivative loss to net income mean?
Measures the tax expense incurred when a realized derivative loss is reclassified from accumulated other comprehensive income into the income statement. This adjustment reflects the tax impact of moving hedge results from equity to earnings as the hedged item affects net income. It helps investors reconcile the tax burden associated with the bank's derivative settlement activities.