Call reports 2015
OCEANFIRST BANK, NATIONAL ASSOCIATION — 2015
What OCEANFIRST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 2,388,728,000 | 2,397,794,000 | 2,561,696,000 | 2,596,216,000 |
| Total loans | 1,759,265,000 | 1,790,867,000 | 1,957,915,000 | 1,990,122,000 |
| Allowance for loan losses | 16,419,000 | 16,534,000 | 16,638,000 | 16,722,000 |
| Securities available for sale | 30,019,000 | 30,030,000 | 30,108,000 | 29,902,000 |
| Securities held to maturity | 442,829,000 | 414,625,000 | 392,932,000 | 393,813,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,813,530,000 | 1,774,092,000 | 1,980,694,000 | 1,927,905,000 |
| Interest-bearing deposits | 1,720,818,000 | 1,675,524,000 | 1,860,234,000 | 1,828,318,000 |
| Noninterest-bearing deposits | 92,712,000 | 98,568,000 | 120,460,000 | 99,587,000 |
| Equity capital | 221,524,000 | 223,737,000 | 237,404,000 | 239,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 20,276,000 | 41,050,000 | 63,204,000 | 86,531,000 |
| Interest expense | 1,941,000 | 3,985,000 | 6,279,000 | 8,655,000 |
| Net interest income | 18,335,000 | 37,065,000 | 56,925,000 | 77,876,000 |
| Noninterest income | 4,064,000 | 8,219,000 | 12,371,000 | 16,492,000 |
| Noninterest expense | 13,587,000 | 27,725,000 | 43,704,000 | 60,060,000 |
| Provision for loan losses | 375,000 | 675,000 | 975,000 | 1,275,000 |
| Pretax income | 8,437,000 | 16,884,000 | 24,617,000 | 33,033,000 |
| Income tax | 2,895,000 | 5,824,000 | 8,602,000 | 11,517,000 |
| Net income | 5,542,000 | 11,060,000 | 16,015,000 | 21,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,443,000 | 217,537,000 | 227,081,000 | 229,306,000 |
| Total capital | 231,912,000 | 234,121,000 | 243,797,000 | 246,106,000 |
| Risk-weighted assets | 1,651,870,000 | 1,705,386,000 | 1,792,348,000 | 1,802,533,000 |