Call reports 2011
OCEAN BANK — 2011
What OCEAN BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 3,590,044,000 | 3,496,059,000 | 3,400,218,000 | 3,249,730,000 |
| Total loans | 2,449,047,000 | 2,309,642,000 | 2,219,061,000 | 2,142,591,000 |
| Allowance for loan losses | 69,835,000 | 57,200,000 | 54,383,000 | 49,938,000 |
| Securities available for sale | 614,574,000 | 679,457,000 | 766,343,000 | 622,664,000 |
| Securities held to maturity | 40,247,000 | 24,957,000 | 61,210,000 | 52,703,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,384,534,000 | 3,304,504,000 | 3,196,591,000 | 3,056,219,000 |
| Interest-bearing deposits | 3,303,909,000 | 3,215,045,000 | 3,114,327,000 | 2,974,521,000 |
| Noninterest-bearing deposits | 80,625,000 | 89,459,000 | 82,264,000 | 81,698,000 |
| Equity capital | 166,310,000 | 150,885,000 | 166,956,000 | 167,568,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 39,114,000 | 75,964,000 | 110,982,000 | 145,502,000 |
| Interest expense | 7,895,000 | 15,318,000 | 22,124,000 | 28,238,000 |
| Net interest income | 31,219,000 | 60,646,000 | 88,858,000 | 117,264,000 |
| Noninterest income | 6,069,000 | -19,433,000 | -16,365,000 | -23,407,000 |
| Noninterest expense | 26,097,000 | 53,365,000 | 78,438,000 | 104,594,000 |
| Provision for loan losses | 9,178,000 | 12,248,000 | 18,574,000 | 16,209,000 |
| Pretax income | 2,206,000 | -24,185,000 | -21,639,000 | -18,969,000 |
| Income tax | 0 | 0 | 357,000 | -7,802,000 |
| Net income | 2,206,000 | -24,185,000 | -21,996,000 | -11,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 187,503,000 | 161,114,000 | 163,305,000 | 174,136,000 |
| Total capital | 217,515,000 | 188,771,000 | 190,226,000 | 200,220,000 |
| Risk-weighted assets | 2,357,712,000 | 2,179,557,000 | 2,122,770,000 | 2,060,021,000 |