Call reports 2012
BANK OF OCEAN CITY — 2012
What BANK OF OCEAN CITY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 194,197,000 | 209,304,000 | 224,666,000 | 212,798,000 |
| Total loans | 120,442,000 | 125,472,000 | 125,716,000 | 129,794,000 |
| Allowance for loan losses | 1,824,000 | 1,358,000 | 1,359,000 | 1,260,000 |
| Securities available for sale | 825,000 | 803,000 | 845,000 | 856,000 |
| Securities held to maturity | 28,643,000 | 34,643,000 | 36,643,000 | 30,642,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,696,000 | 185,515,000 | 200,298,000 | 187,924,000 |
| Interest-bearing deposits | 131,125,000 | 134,981,000 | 145,856,000 | 140,412,000 |
| Noninterest-bearing deposits | 39,571,000 | 50,534,000 | 54,442,000 | 47,512,000 |
| Equity capital | 22,342,000 | 22,824,000 | 23,320,000 | 23,378,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,985,000 | 4,000,000 | 6,056,000 | 8,114,000 |
| Interest expense | 275,000 | 567,000 | 857,000 | 1,099,000 |
| Net interest income | 1,710,000 | 3,433,000 | 5,199,000 | 7,015,000 |
| Noninterest income | 159,000 | 353,000 | 566,000 | 763,000 |
| Noninterest expense | 1,229,000 | 2,429,000 | 3,658,000 | 4,977,000 |
| Provision for loan losses | 1,000 | -322,000 | -322,000 | -321,000 |
| Pretax income | 639,000 | 1,679,000 | 2,429,000 | 3,122,000 |
| Income tax | 233,000 | 633,000 | 913,000 | 1,185,000 |
| Net income | 406,000 | 1,046,000 | 1,516,000 | 1,937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,843,000 | 22,339,000 | 22,809,000 | 22,861,000 |
| Total capital | 23,749,000 | 24,058,000 | 24,548,000 | 24,506,000 |
| Risk-weighted assets | 122,509,000 | 129,702,000 | 132,501,000 | 133,777,000 |