Call reports 2021
BANK OF OCEAN CITY — 2021
What BANK OF OCEAN CITY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 520,319,000 | 582,276,000 | 651,618,000 | 625,565,000 |
| Total loans | 313,463,000 | 301,713,000 | 291,321,000 | 302,222,000 |
| Allowance for loan losses | 2,527,000 | 2,330,000 | 2,351,000 | 2,414,000 |
| Securities available for sale | 10,634,000 | 20,031,000 | 19,356,000 | 18,399,000 |
| Securities held to maturity | 64,889,000 | 83,459,000 | 99,029,000 | 102,647,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,128,000 | 535,076,000 | 602,713,000 | 575,431,000 |
| Interest-bearing deposits | 295,725,000 | 313,858,000 | 356,724,000 | 367,024,000 |
| Noninterest-bearing deposits | 178,403,000 | 221,218,000 | 245,989,000 | 208,407,000 |
| Equity capital | 44,948,000 | 46,360,000 | 48,036,000 | 48,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,975,000 | 7,979,000 | 12,077,000 | 16,193,000 |
| Interest expense | 396,000 | 802,000 | 1,210,000 | 1,596,000 |
| Net interest income | 3,579,000 | 7,177,000 | 10,867,000 | 14,597,000 |
| Noninterest income | 185,000 | 438,000 | 749,000 | 1,044,000 |
| Noninterest expense | 1,797,000 | 3,572,000 | 5,346,000 | 7,441,000 |
| Provision for loan losses | 2,000 | -196,000 | -192,000 | -126,000 |
| Pretax income | 1,965,000 | 4,239,000 | 6,462,000 | 8,326,000 |
| Income tax | 524,000 | 1,125,000 | 1,708,000 | 2,125,000 |
| Net income | 1,441,000 | 3,114,000 | 4,754,000 | 6,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,161,000 | 46,612,000 | 48,252,000 | 49,169,000 |
| Total capital | 47,688,000 | 48,942,000 | 50,603,000 | 51,583,000 |
| Risk-weighted assets | 338,405,000 | 307,758,000 | 301,936,000 | 322,400,000 |