Call reports 2014
OCEAN CITY HOME BANK — 2014
What OCEAN CITY HOME BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,016,465,000 | 1,006,758,000 | 1,035,027,000 | 1,020,250,000 |
| Total loans | 761,282,000 | 772,904,000 | 777,075,000 | 777,777,000 |
| Allowance for loan losses | 3,643,000 | 3,348,000 | 3,280,000 | 3,760,000 |
| Securities available for sale | 119,870,000 | 115,121,000 | 111,644,000 | 109,066,000 |
| Securities held to maturity | 940,000 | 936,000 | 803,000 | 800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 789,527,000 | 777,676,000 | 810,526,000 | 793,585,000 |
| Interest-bearing deposits | 685,354,000 | 672,027,000 | 706,315,000 | 691,040,000 |
| Noninterest-bearing deposits | 104,173,000 | 105,649,000 | 104,211,000 | 102,545,000 |
| Equity capital | 104,759,000 | 106,306,000 | 102,096,000 | 103,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,841,000 | 17,594,000 | 26,427,000 | 35,265,000 |
| Interest expense | 1,724,000 | 3,443,000 | 5,173,000 | 6,904,000 |
| Net interest income | 7,117,000 | 14,151,000 | 21,254,000 | 28,361,000 |
| Noninterest income | 980,000 | 2,058,000 | 3,061,000 | 4,077,000 |
| Noninterest expense | 5,387,000 | 10,856,000 | 16,225,000 | 21,537,000 |
| Provision for loan losses | 88,000 | 138,000 | 263,000 | 462,000 |
| Pretax income | 2,622,000 | 5,215,000 | 7,827,000 | 10,439,000 |
| Income tax | 910,000 | 1,837,000 | 2,785,000 | 3,733,000 |
| Net income | 1,712,000 | 3,378,000 | 5,042,000 | 6,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,356,000 | 102,287,000 | 98,238,000 | 99,286,000 |
| Total capital | 105,009,000 | 105,644,000 | 101,526,000 | 103,056,000 |
| Risk-weighted assets | 534,228,000 | 536,882,000 | 532,375,000 | 530,840,000 |