Call reports 2019
OCEANFIRST BANK, NATIONAL ASSOCIATION — 2019
What OCEANFIRST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 8,092,941,000 | 8,030,251,000 | 8,133,860,000 | 8,253,751,000 |
| Total loans | 5,985,536,000 | 5,960,065,000 | 6,098,684,000 | 6,224,532,000 |
| Allowance for loan losses | 16,705,000 | 16,135,000 | 16,636,000 | 16,852,000 |
| Securities available for sale | 122,558,000 | 123,610,000 | 127,308,000 | 150,960,000 |
| Securities held to maturity | 899,614,000 | 862,838,000 | 818,252,000 | 767,873,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,318,292,000 | 6,216,001,000 | 6,245,737,000 | 6,351,466,000 |
| Interest-bearing deposits | 5,884,226,000 | 5,849,797,000 | 5,879,973,000 | 5,985,949,000 |
| Noninterest-bearing deposits | 434,066,000 | 366,204,000 | 365,764,000 | 365,517,000 |
| Equity capital | 1,193,566,000 | 1,204,915,000 | 1,220,056,000 | 1,203,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 76,607,000 | 155,172,000 | 232,153,000 | 309,408,000 |
| Interest expense | 10,872,000 | 23,276,000 | 35,612,000 | 48,169,000 |
| Net interest income | 65,735,000 | 131,896,000 | 196,541,000 | 261,239,000 |
| Noninterest income | 9,457,000 | 19,265,000 | 30,878,000 | 42,229,000 |
| Noninterest expense | 47,318,000 | 98,168,000 | 141,727,000 | 189,287,000 |
| Provision for loan losses | 620,000 | 976,000 | 1,281,000 | 1,637,000 |
| Pretax income | 27,362,000 | 52,258,000 | 84,740,000 | 112,811,000 |
| Income tax | 5,196,000 | 9,872,000 | 16,420,000 | 19,677,000 |
| Net income | 22,166,000 | 42,386,000 | 68,320,000 | 93,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 763,318,000 | 774,934,000 | 790,641,000 | 779,108,000 |
| Total capital | 785,242,000 | 792,448,000 | 808,656,000 | 797,339,000 |
| Risk-weighted assets | 5,780,250,000 | 5,724,833,000 | 5,871,190,000 | 6,001,518,000 |