Call reports 2017
BANK OF OCEAN CITY — 2017
What BANK OF OCEAN CITY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 299,008,000 | 316,751,000 | 338,039,000 | 317,351,000 |
| Total loans | 187,923,000 | 198,458,000 | 197,415,000 | 208,863,000 |
| Allowance for loan losses | 1,491,000 | 1,522,000 | 1,548,000 | 1,707,000 |
| Securities available for sale | 1,287,000 | 1,219,000 | 1,256,000 | 1,473,000 |
| Securities held to maturity | 75,036,000 | 76,975,000 | 76,868,000 | 76,739,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,970,000 | 284,335,000 | 304,628,000 | 283,555,000 |
| Interest-bearing deposits | 186,205,000 | 185,228,000 | 194,997,000 | 188,918,000 |
| Noninterest-bearing deposits | 80,765,000 | 99,107,000 | 109,631,000 | 94,637,000 |
| Equity capital | 30,848,000 | 31,381,000 | 32,335,000 | 32,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,549,000 | 5,288,000 | 8,152,000 | 11,080,000 |
| Interest expense | 220,000 | 445,000 | 679,000 | 924,000 |
| Net interest income | 2,329,000 | 4,843,000 | 7,473,000 | 10,156,000 |
| Noninterest income | 183,000 | 398,000 | 692,000 | 915,000 |
| Noninterest expense | 1,498,000 | 2,928,000 | 4,342,000 | 6,024,000 |
| Provision for loan losses | 25,000 | 42,000 | 55,000 | 204,000 |
| Pretax income | 989,000 | 2,271,000 | 3,768,000 | 4,835,000 |
| Income tax | 357,000 | 835,000 | 1,401,000 | 1,724,000 |
| Net income | 632,000 | 1,436,000 | 2,367,000 | 3,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,071,000 | 30,644,000 | 31,575,000 | 31,164,000 |
| Total capital | 32,141,000 | 32,714,000 | 33,688,000 | 33,533,000 |
| Risk-weighted assets | 200,530,000 | 208,022,000 | 210,665,000 | 217,652,000 |