Call reports 2013
BANK OF OCEAN CITY — 2013
What BANK OF OCEAN CITY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 212,577,000 | 232,925,000 | 238,353,000 | 224,153,000 |
| Total loans | 135,734,000 | 137,491,000 | 135,372,000 | 138,377,000 |
| Allowance for loan losses | 1,264,000 | 1,346,000 | 1,349,000 | 1,351,000 |
| Securities available for sale | 816,000 | 935,000 | 1,016,000 | 1,132,000 |
| Securities held to maturity | 32,642,000 | 40,641,000 | 50,122,000 | 48,121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,529,000 | 207,534,000 | 212,230,000 | 197,318,000 |
| Interest-bearing deposits | 140,929,000 | 150,989,000 | 148,851,000 | 144,962,000 |
| Noninterest-bearing deposits | 46,600,000 | 56,545,000 | 63,379,000 | 52,356,000 |
| Equity capital | 23,842,000 | 24,323,000 | 24,960,000 | 25,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,055,000 | 4,198,000 | 6,344,000 | 8,543,000 |
| Interest expense | 214,000 | 414,000 | 597,000 | 770,000 |
| Net interest income | 1,841,000 | 3,784,000 | 5,747,000 | 7,773,000 |
| Noninterest income | 169,000 | 370,000 | 610,000 | 809,000 |
| Noninterest expense | 1,227,000 | 2,471,000 | 3,730,000 | 5,152,000 |
| Provision for loan losses | 6,000 | 6,000 | 7,000 | 12,000 |
| Pretax income | 777,000 | 1,677,000 | 2,620,000 | 3,418,000 |
| Income tax | 290,000 | 637,000 | 992,000 | 1,289,000 |
| Net income | 487,000 | 1,040,000 | 1,628,000 | 2,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,348,000 | 23,757,000 | 24,345,000 | 24,466,000 |
| Total capital | 24,979,000 | 25,523,000 | 26,151,000 | 26,326,000 |
| Risk-weighted assets | 135,611,000 | 136,844,000 | 136,738,000 | 138,725,000 |