Call reports 2015
BANK OF OCEAN CITY — 2015
What BANK OF OCEAN CITY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 249,503,000 | 270,324,000 | 302,012,000 | 286,347,000 |
| Total loans | 146,578,000 | 147,172,000 | 142,388,000 | 155,256,000 |
| Allowance for loan losses | 1,439,000 | 1,317,000 | 1,320,000 | 1,359,000 |
| Securities available for sale | 1,174,000 | 1,306,000 | 1,080,000 | 1,079,000 |
| Securities held to maturity | 56,878,000 | 60,878,000 | 71,867,000 | 69,551,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,935,000 | 241,719,000 | 272,976,000 | 256,679,000 |
| Interest-bearing deposits | 159,497,000 | 163,990,000 | 184,597,000 | 180,711,000 |
| Noninterest-bearing deposits | 61,438,000 | 77,729,000 | 88,379,000 | 75,968,000 |
| Equity capital | 27,179,000 | 27,505,000 | 27,925,000 | 28,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,168,000 | 4,391,000 | 6,611,000 | 8,917,000 |
| Interest expense | 191,000 | 392,000 | 606,000 | 830,000 |
| Net interest income | 1,977,000 | 3,999,000 | 6,005,000 | 8,087,000 |
| Noninterest income | 188,000 | 421,000 | 685,000 | 888,000 |
| Noninterest expense | 1,327,000 | 2,720,000 | 4,121,000 | 5,550,000 |
| Provision for loan losses | 3,000 | -8,000 | -8,000 | -8,000 |
| Pretax income | 835,000 | 1,708,000 | 2,577,000 | 3,433,000 |
| Income tax | 305,000 | 639,000 | 952,000 | 1,261,000 |
| Net income | 530,000 | 1,069,000 | 1,625,000 | 2,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,469,000 | 26,715,000 | 27,271,000 | 27,390,000 |
| Total capital | 28,436,000 | 28,619,000 | 29,077,000 | 29,234,000 |
| Risk-weighted assets | 149,825,000 | 155,136,000 | 160,549,000 | 172,611,000 |