Call reports 2022
BANK OF OCEAN CITY — 2022
What BANK OF OCEAN CITY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 608,915,000 | 641,983,000 | 669,713,000 | 619,836,000 |
| Total loans | 326,637,000 | 327,485,000 | 330,846,000 | 354,625,000 |
| Allowance for loan losses | 2,325,000 | 2,248,000 | 2,461,000 | 2,591,000 |
| Securities available for sale | 16,823,000 | 14,832,000 | 14,349,000 | 14,356,000 |
| Securities held to maturity | 169,684,000 | 174,741,000 | 258,104,000 | 213,910,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 557,901,000 | 590,676,000 | 615,828,000 | 563,947,000 |
| Interest-bearing deposits | 364,018,000 | 377,793,000 | 367,756,000 | 361,643,000 |
| Noninterest-bearing deposits | 193,883,000 | 212,883,000 | 248,072,000 | 202,304,000 |
| Equity capital | 49,774,000 | 50,504,000 | 52,749,000 | 54,525,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,266,000 | 8,972,000 | 14,223,000 | 19,612,000 |
| Interest expense | 352,000 | 715,000 | 1,167,000 | 1,853,000 |
| Net interest income | 3,914,000 | 8,257,000 | 13,056,000 | 17,759,000 |
| Noninterest income | 299,000 | 622,000 | 994,000 | 1,309,000 |
| Noninterest expense | 1,932,000 | 3,844,000 | 5,796,000 | 7,992,000 |
| Provision for loan losses | -87,000 | -168,000 | 44,000 | 170,000 |
| Pretax income | 2,368,000 | 5,202,000 | 8,209,000 | 10,905,000 |
| Income tax | 582,000 | 1,349,000 | 2,085,000 | 2,700,000 |
| Net income | 1,786,000 | 3,853,000 | 6,124,000 | 8,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,954,000 | 52,789,000 | 55,061,000 | 56,561,000 |
| Total capital | 53,279,000 | 55,037,000 | 57,522,000 | 59,152,000 |
| Risk-weighted assets | 365,261,000 | 373,016,000 | 380,788,000 | 406,286,000 |