Call reports 2022
OCEANFIRST BANK, NATIONAL ASSOCIATION — 2022
What OCEANFIRST BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 12,075,729,000 | 12,351,391,000 | 12,555,762,000 | 12,963,839,000 |
| Total loans | 9,116,276,000 | 9,432,749,000 | 9,729,558,000 | 9,926,231,000 |
| Allowance for loan losses | 50,598,000 | 52,061,000 | 53,521,000 | 56,824,000 |
| Securities available for sale | 545,284,000 | 505,338,000 | 467,540,000 | 454,449,000 |
| Securities held to maturity | 1,100,894,000 | 1,069,328,000 | 1,028,946,000 | 1,222,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,090,435,000 | 9,909,722,000 | 10,026,963,000 | 9,737,295,000 |
| Interest-bearing deposits | 7,471,417,000 | 7,459,699,000 | 7,568,733,000 | 7,512,138,000 |
| Noninterest-bearing deposits | 2,619,018,000 | 2,450,023,000 | 2,458,230,000 | 2,225,157,000 |
| Equity capital | 1,570,758,000 | 1,585,363,000 | 1,597,540,000 | 1,624,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 90,352,000 | 189,160,000 | 299,042,000 | 428,714,000 |
| Interest expense | 4,249,000 | 10,494,000 | 22,509,000 | 43,626,000 |
| Net interest income | 86,103,000 | 178,666,000 | 276,533,000 | 385,088,000 |
| Noninterest income | 11,726,000 | 22,858,000 | 31,257,000 | 39,129,000 |
| Noninterest expense | 56,843,000 | 111,425,000 | 167,130,000 | 223,693,000 |
| Provision for loan losses | 1,656,000 | 3,128,000 | 4,335,000 | 7,634,000 |
| Pretax income | 38,500,000 | 86,121,000 | 138,275,000 | 194,360,000 |
| Income tax | 9,222,000 | 20,740,000 | 33,550,000 | 47,500,000 |
| Net income | 29,278,000 | 65,381,000 | 104,725,000 | 146,860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,045,703,000 | 1,075,202,000 | 1,097,654,000 | 1,122,946,000 |
| Total capital | 1,099,803,000 | 1,130,590,000 | 1,154,421,000 | 1,183,705,000 |
| Risk-weighted assets | 9,376,682,000 | 9,743,742,000 | 9,999,034,000 | 10,189,992,000 |