Call reports 2018
OCEANFIRST BANK, NATIONAL ASSOCIATION — 2018
What OCEANFIRST 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 | 7,494,320,000 | 7,745,970,000 | 7,565,269,000 | 7,517,345,000 |
| Total loans | 5,430,763,000 | 5,570,644,000 | 5,561,512,000 | 5,595,798,000 |
| Allowance for loan losses | 16,817,000 | 16,691,000 | 16,821,000 | 16,577,000 |
| Securities available for sale | 86,114,000 | 100,370,000 | 100,015,000 | 100,717,000 |
| Securities held to maturity | 981,857,000 | 921,756,000 | 882,540,000 | 845,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,929,451,000 | 5,852,183,000 | 5,883,475,000 | 5,837,756,000 |
| Interest-bearing deposits | 5,342,016,000 | 5,520,762,000 | 5,571,392,000 | 5,532,310,000 |
| Noninterest-bearing deposits | 587,435,000 | 331,421,000 | 312,083,000 | 305,446,000 |
| Equity capital | 1,061,802,000 | 1,065,045,000 | 1,082,879,000 | 1,104,485,000 |
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 | 62,939,000 | 133,151,000 | 204,859,000 | 277,352,000 |
| Interest expense | 6,300,000 | 13,863,000 | 22,623,000 | 32,002,000 |
| Net interest income | 56,639,000 | 119,288,000 | 182,236,000 | 245,350,000 |
| Noninterest income | 9,764,000 | 20,132,000 | 30,658,000 | 41,038,000 |
| Noninterest expense | 57,710,000 | 110,434,000 | 152,386,000 | 192,663,000 |
| Provision for loan losses | 1,371,000 | 2,077,000 | 2,984,000 | 3,490,000 |
| Pretax income | 7,184,000 | 26,945,000 | 57,490,000 | 90,284,000 |
| Income tax | 1,159,000 | 4,391,000 | 9,838,000 | 14,397,000 |
| Net income | 6,025,000 | 22,554,000 | 47,652,000 | 75,887,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 666,450,000 | 667,378,000 | 687,155,000 | 712,900,000 |
| Total capital | 684,274,000 | 685,076,000 | 704,983,000 | 730,484,000 |
| Risk-weighted assets | 5,234,145,000 | 5,295,091,000 | 5,217,471,000 | 5,325,695,000 |