Call reports 2017
SHORE UNITED BANK, NATIONAL ASSOCIATION — 2017
What SHORE UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,151,299,000 | 1,346,948,000 | 1,360,014,000 | 1,377,302,000 |
| Total loans | 892,649,000 | 1,035,391,000 | 1,047,850,000 | 1,094,153,000 |
| Allowance for loan losses | 8,927,000 | 9,132,000 | 9,295,000 | 9,781,000 |
| Securities available for sale | 176,739,000 | 200,301,000 | 212,196,000 | 195,829,000 |
| Securities held to maturity | 6,615,000 | 6,411,000 | 6,241,000 | 6,247,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,005,323,000 | 1,199,011,000 | 1,207,972,000 | 1,204,188,000 |
| Interest-bearing deposits | 737,491,000 | 887,131,000 | 881,144,000 | 875,149,000 |
| Noninterest-bearing deposits | 267,832,000 | 311,880,000 | 326,828,000 | 329,039,000 |
| Equity capital | 140,144,000 | 142,895,000 | 146,053,000 | 146,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 10,419,000 | 21,912,000 | 34,893,000 | 47,919,000 |
| Interest expense | 515,000 | 1,066,000 | 1,678,000 | 2,278,000 |
| Net interest income | 9,904,000 | 20,846,000 | 33,215,000 | 45,641,000 |
| Noninterest income | 1,806,000 | 3,709,000 | 5,702,000 | 7,997,000 |
| Noninterest expense | 7,493,000 | 15,493,000 | 23,875,000 | 32,360,000 |
| Provision for loan losses | 428,000 | 1,401,000 | 1,746,000 | 2,291,000 |
| Pretax income | 3,789,000 | 7,661,000 | 13,301,000 | 18,992,000 |
| Income tax | 1,513,000 | 3,054,000 | 5,309,000 | 9,127,000 |
| Net income | 2,276,000 | 4,607,000 | 7,992,000 | 9,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,832,000 | 120,847,000 | 124,658,000 | 126,751,000 |
| Total capital | 146,060,000 | 130,280,000 | 134,254,000 | 136,833,000 |
| Risk-weighted assets | 909,056,000 | 1,047,296,000 | 1,074,416,000 | 1,107,074,000 |