Call reports 2019
BANK OF OCEAN CITY — 2019
What BANK OF OCEAN CITY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 332,830,000 | 342,035,000 | 382,907,000 | 362,301,000 |
| Total loans | 237,867,000 | 259,288,000 | 253,567,000 | 257,233,000 |
| Allowance for loan losses | 1,856,000 | 2,082,000 | 2,083,000 | 2,072,000 |
| Securities available for sale | 22,524,000 | 22,071,000 | 25,519,000 | 22,835,000 |
| Securities held to maturity | 26,904,000 | 26,623,000 | 24,344,000 | 23,866,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,400,000 | 303,629,000 | 342,932,000 | 321,021,000 |
| Interest-bearing deposits | 197,055,000 | 189,022,000 | 211,646,000 | 211,134,000 |
| Noninterest-bearing deposits | 98,345,000 | 114,607,000 | 131,286,000 | 109,887,000 |
| Equity capital | 36,151,000 | 37,474,000 | 39,091,000 | 39,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,432,000 | 7,080,000 | 10,971,000 | 14,787,000 |
| Interest expense | 367,000 | 737,000 | 1,153,000 | 1,618,000 |
| Net interest income | 3,065,000 | 6,343,000 | 9,818,000 | 13,169,000 |
| Noninterest income | 228,000 | 539,000 | 836,000 | 997,000 |
| Noninterest expense | 1,659,000 | 3,330,000 | 4,936,000 | 6,788,000 |
| Provision for loan losses | 2,000 | 2,000 | 5,000 | 19,000 |
| Pretax income | 1,632,000 | 3,550,000 | 5,713,000 | 7,359,000 |
| Income tax | 441,000 | 942,000 | 1,508,000 | 1,911,000 |
| Net income | 1,191,000 | 2,608,000 | 4,205,000 | 5,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,985,000 | 37,179,000 | 38,777,000 | 39,378,000 |
| Total capital | 37,841,000 | 39,261,000 | 40,860,000 | 41,450,000 |
| Risk-weighted assets | 259,916,000 | 270,742,000 | 272,087,000 | 272,703,000 |