Call reports 2018
BANK OF OCEAN CITY — 2018
What BANK OF OCEAN CITY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 320,616,000 | 339,802,000 | 365,537,000 | 336,401,000 |
| Total loans | 211,126,000 | 221,718,000 | 221,250,000 | 231,671,000 |
| Allowance for loan losses | 1,720,000 | 1,781,000 | 1,800,000 | 1,855,000 |
| Securities available for sale | 1,412,000 | 1,364,000 | 1,404,000 | 22,815,000 |
| Securities held to maturity | 78,216,000 | 78,012,000 | 78,697,000 | 31,170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,159,000 | 304,798,000 | 329,212,000 | 300,092,000 |
| Interest-bearing deposits | 198,108,000 | 195,446,000 | 211,872,000 | 198,135,000 |
| Noninterest-bearing deposits | 88,051,000 | 109,352,000 | 117,340,000 | 101,957,000 |
| Equity capital | 33,176,000 | 34,067,000 | 35,340,000 | 34,724,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,901,000 | 5,964,000 | 9,275,000 | 12,723,000 |
| Interest expense | 260,000 | 538,000 | 845,000 | 1,205,000 |
| Net interest income | 2,641,000 | 5,426,000 | 8,430,000 | 11,518,000 |
| Noninterest income | 201,000 | 446,000 | 739,000 | 980,000 |
| Noninterest expense | 1,510,000 | 3,005,000 | 4,552,000 | 6,308,000 |
| Provision for loan losses | 2,000 | 62,000 | 112,000 | 169,000 |
| Pretax income | 1,330,000 | 2,805,000 | 4,493,000 | 5,914,000 |
| Income tax | 341,000 | 717,000 | 1,161,000 | 1,484,000 |
| Net income | 989,000 | 2,088,000 | 3,332,000 | 4,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,154,000 | 33,079,000 | 34,323,000 | 34,794,000 |
| Total capital | 34,510,000 | 35,473,000 | 36,754,000 | 36,649,000 |
| Risk-weighted assets | 222,453,000 | 230,542,000 | 236,676,000 | 253,729,000 |