Call reports 2010
OCEAN BANK — 2010
What OCEAN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 3,882,907,000 | 3,871,882,000 | 3,866,048,000 | 3,625,720,000 |
| Total loans | 3,051,553,000 | 2,846,199,000 | 2,689,870,000 | 2,536,240,000 |
| Allowance for loan losses | 75,218,000 | 78,977,000 | 78,616,000 | 61,429,000 |
| Securities available for sale | 375,882,000 | 477,852,000 | 297,391,000 | 676,796,000 |
| Securities held to maturity | 12,280,000 | 41,284,000 | 40,951,000 | 42,461,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,542,628,000 | 3,565,954,000 | 3,566,136,000 | 3,412,205,000 |
| Interest-bearing deposits | 3,465,844,000 | 3,483,431,000 | 3,477,328,000 | 3,326,952,000 |
| Noninterest-bearing deposits | 76,784,000 | 82,523,000 | 88,808,000 | 85,253,000 |
| Equity capital | 286,043,000 | 263,313,000 | 229,694,000 | 165,742,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 42,888,000 | 85,826,000 | 126,146,000 | 166,545,000 |
| Interest expense | 11,489,000 | 22,431,000 | 32,748,000 | 41,722,000 |
| Net interest income | 31,399,000 | 63,395,000 | 93,398,000 | 124,823,000 |
| Noninterest income | 7,296,000 | 5,978,000 | 4,008,000 | -18,602,000 |
| Noninterest expense | 30,024,000 | 61,135,000 | 93,071,000 | 131,975,000 |
| Provision for loan losses | 24,351,000 | 79,719,000 | 112,852,000 | 123,449,000 |
| Pretax income | -15,492,000 | -70,654,000 | -101,020,000 | -141,706,000 |
| Income tax | -782,000 | -3,186,000 | -1,423,000 | 0 |
| Net income | -14,710,000 | -67,468,000 | -99,597,000 | -141,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 284,771,000 | 258,215,000 | 227,405,000 | 185,296,000 |
| Total capital | 321,661,000 | 293,661,000 | 260,494,000 | 216,327,000 |
| Risk-weighted assets | 2,909,806,000 | 2,788,852,000 | 2,598,289,000 | 2,448,669,000 |