Call reports 2018
SHORE UNITED BANK, NATIONAL ASSOCIATION — 2018
What SHORE UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,405,953,000 | 1,434,580,000 | 1,456,728,000 | 1,477,669,000 |
| Total loans | 1,120,926,000 | 1,157,775,000 | 1,181,527,000 | 1,196,397,000 |
| Allowance for loan losses | 9,918,000 | 10,121,000 | 10,328,000 | 10,343,000 |
| Securities available for sale | 182,198,000 | 174,564,000 | 166,729,000 | 153,514,000 |
| Securities held to maturity | 6,162,000 | 6,168,000 | 6,037,000 | 6,043,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,179,126,000 | 1,177,472,000 | 1,184,223,000 | 1,238,882,000 |
| Interest-bearing deposits | 854,016,000 | 850,454,000 | 851,963,000 | 907,898,000 |
| Noninterest-bearing deposits | 325,110,000 | 327,018,000 | 332,260,000 | 330,984,000 |
| Equity capital | 148,391,000 | 150,404,000 | 153,560,000 | 157,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 13,168,000 | 26,886,000 | 41,299,000 | 55,943,000 |
| Interest expense | 773,000 | 1,818,000 | 3,106,000 | 5,283,000 |
| Net interest income | 12,395,000 | 25,068,000 | 38,193,000 | 50,660,000 |
| Noninterest income | 2,149,000 | 4,420,000 | 6,604,000 | 8,752,000 |
| Noninterest expense | 9,240,000 | 17,837,000 | 26,790,000 | 35,524,000 |
| Provision for loan losses | 489,000 | 907,000 | 1,214,000 | 1,674,000 |
| Pretax income | 4,797,000 | 10,732,000 | 16,773,000 | 22,209,000 |
| Income tax | 1,257,000 | 2,789,000 | 4,375,000 | 5,770,000 |
| Net income | 3,540,000 | 7,943,000 | 12,398,000 | 16,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,479,000 | 133,231,000 | 136,955,000 | 140,265,000 |
| Total capital | 140,698,000 | 143,653,000 | 147,584,000 | 150,909,000 |
| Risk-weighted assets | 1,135,388,000 | 1,168,479,000 | 1,161,215,000 | 1,185,050,000 |