Call reports 2007
OCEAN BANK — 2007
What OCEAN BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 5,910,644,000 | 5,948,593,000 | 5,812,028,000 | 5,548,790,000 |
| Total loans | 4,574,737,000 | 4,354,987,000 | 4,166,477,000 | 3,948,862,000 |
| Allowance for loan losses | 90,690,000 | 95,902,000 | 74,309,000 | 167,752,000 |
| Securities available for sale | 296,518,000 | 264,083,000 | 239,880,000 | 159,095,000 |
| Securities held to maturity | 455,659,000 | 380,373,000 | 305,535,000 | 387,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,995,445,000 | 5,086,249,000 | 4,956,919,000 | 4,830,978,000 |
| Interest-bearing deposits | 4,835,621,000 | 4,931,057,000 | 4,822,107,000 | 4,699,230,000 |
| Noninterest-bearing deposits | 159,824,000 | 155,192,000 | 134,812,000 | 131,748,000 |
| Equity capital | 642,804,000 | 608,897,000 | 619,979,000 | 561,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 109,775,000 | 214,015,000 | 319,838,000 | 416,277,000 |
| Interest expense | 44,186,000 | 90,943,000 | 139,719,000 | 187,076,000 |
| Net interest income | 65,589,000 | 123,072,000 | 180,119,000 | 229,201,000 |
| Noninterest income | 6,898,000 | 15,026,000 | 21,734,000 | 26,875,000 |
| Noninterest expense | 35,267,000 | 72,249,000 | 113,461,000 | 149,884,000 |
| Provision for loan losses | 6,200,000 | 89,700,000 | 95,700,000 | 211,200,000 |
| Pretax income | 31,020,000 | -23,851,000 | -6,912,000 | -103,510,000 |
| Income tax | 11,952,000 | -9,256,000 | -2,762,000 | -40,025,000 |
| Net income | 19,068,000 | -14,595,000 | -4,150,000 | -63,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 643,340,000 | 609,682,000 | 620,099,000 | 525,640,000 |
| Total capital | 696,011,000 | 660,336,000 | 668,197,000 | 571,742,000 |
| Risk-weighted assets | 4,175,626,000 | 4,007,102,000 | 3,821,616,000 | 3,562,507,000 |
Machine access — free, no API key
Every figure shown here about OCEAN BANK — 2007 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.