Call reports 2014
OCEANFIRST BANK, NATIONAL ASSOCIATION — 2014
What OCEANFIRST BANK, NATIONAL ASSOCIATION 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 | 2,279,936,000 | 2,329,196,000 | 2,315,892,000 | 2,359,980,000 |
| Total loans | 1,593,008,000 | 1,654,049,000 | 1,651,431,000 | 1,709,364,000 |
| Allowance for loan losses | 20,934,000 | 20,936,000 | 16,310,000 | 16,317,000 |
| Securities available for sale | 30,181,000 | 25,094,000 | 19,984,000 | 19,803,000 |
| Securities held to maturity | 496,111,000 | 478,389,000 | 486,819,000 | 469,416,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,735,813,000 | 1,718,742,000 | 1,796,336,000 | 1,732,206,000 |
| Interest-bearing deposits | 1,688,594,000 | 1,657,122,000 | 1,729,526,000 | 1,646,774,000 |
| Noninterest-bearing deposits | 47,219,000 | 61,620,000 | 66,810,000 | 85,432,000 |
| Equity capital | 214,392,000 | 216,042,000 | 217,595,000 | 219,221,000 |
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 | 19,931,000 | 39,929,000 | 60,299,000 | 80,514,000 |
| Interest expense | 1,580,000 | 3,217,000 | 5,157,000 | 7,103,000 |
| Net interest income | 18,351,000 | 36,712,000 | 55,142,000 | 73,411,000 |
| Noninterest income | 3,915,000 | 8,236,000 | 12,836,000 | 17,343,000 |
| Noninterest expense | 14,074,000 | 28,573,000 | 42,905,000 | 57,137,000 |
| Provision for loan losses | 530,000 | 805,000 | 1,805,000 | 2,630,000 |
| Pretax income | 7,662,000 | 15,570,000 | 23,268,000 | 30,987,000 |
| Income tax | 2,720,000 | 5,525,000 | 8,242,000 | 10,840,000 |
| Net income | 4,942,000 | 10,045,000 | 15,026,000 | 20,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 219,094,000 | 220,587,000 | 221,965,000 | 223,573,000 |
| Total capital | 237,906,000 | 239,998,000 | 238,325,000 | 239,940,000 |
| Risk-weighted assets | 1,502,764,000 | 1,551,328,000 | 1,557,250,000 | 1,591,691,000 |