Call reports 2008
OCEAN BANK — 2008
What OCEAN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 5,120,611,000 | 4,848,194,000 | 4,439,070,000 | 4,756,021,000 |
| Total loans | 3,819,274,000 | 3,685,559,000 | 3,583,119,000 | 3,503,555,000 |
| Allowance for loan losses | 176,585,000 | 170,150,000 | 155,352,000 | 188,558,000 |
| Securities available for sale | 360,701,000 | 204,194,000 | 187,183,000 | 729,123,000 |
| Securities held to maturity | 203,732,000 | 99,999,000 | 47,998,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,413,707,000 | 4,170,341,000 | 3,789,455,000 | 4,171,463,000 |
| Interest-bearing deposits | 4,293,020,000 | 4,080,099,000 | 3,714,822,000 | 4,094,363,000 |
| Noninterest-bearing deposits | 120,687,000 | 90,242,000 | 74,633,000 | 77,100,000 |
| Equity capital | 538,719,000 | 496,596,000 | 536,999,000 | 399,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 77,257,000 | 136,049,000 | 187,143,000 | 237,185,000 |
| Interest expense | 40,922,000 | 71,247,000 | 96,930,000 | 125,438,000 |
| Net interest income | 36,335,000 | 64,802,000 | 90,213,000 | 111,747,000 |
| Noninterest income | 7,070,000 | 14,050,000 | 20,578,000 | 24,910,000 |
| Noninterest expense | 39,984,000 | 94,778,000 | 127,023,000 | 166,270,000 |
| Provision for loan losses | 40,600,000 | 89,200,000 | 89,700,000 | 179,700,000 |
| Pretax income | -37,179,000 | -105,126,000 | -104,729,000 | -208,110,000 |
| Income tax | -14,361,000 | -40,959,000 | -41,170,000 | -3,421,000 |
| Net income | -22,818,000 | -64,167,000 | -63,559,000 | -204,689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 500,523,000 | 457,814,000 | 487,589,000 | 396,085,000 |
| Total capital | 544,597,000 | 501,389,000 | 529,744,000 | 437,730,000 |
| Risk-weighted assets | 3,389,382,000 | 3,352,508,000 | 3,255,301,000 | 3,181,126,000 |
Machine access — free, no API key
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