Call reports 2013
OCEAN BANK — 2013
What OCEAN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 3,368,890,000 | 3,333,566,000 | 3,302,304,000 | 3,259,964,000 |
| Total loans | 2,209,101,000 | 2,234,532,000 | 2,261,279,000 | 2,236,757,000 |
| Allowance for loan losses | 34,140,000 | 31,206,000 | 30,004,000 | 31,485,000 |
| Securities available for sale | 723,512,000 | 719,594,000 | 692,512,000 | 601,611,000 |
| Securities held to maturity | 45,203,000 | 42,891,000 | 39,450,000 | 27,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,970,035,000 | 2,956,428,000 | 2,921,719,000 | 2,850,113,000 |
| Interest-bearing deposits | 2,896,923,000 | 2,878,351,000 | 2,836,591,000 | 2,766,768,000 |
| Noninterest-bearing deposits | 73,112,000 | 78,077,000 | 85,128,000 | 83,345,000 |
| Equity capital | 358,607,000 | 354,402,000 | 359,397,000 | 371,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 30,263,000 | 60,982,000 | 92,466,000 | 124,695,000 |
| Interest expense | 3,720,000 | 7,302,000 | 10,848,000 | 13,948,000 |
| Net interest income | 26,543,000 | 53,680,000 | 81,618,000 | 110,747,000 |
| Noninterest income | 6,839,000 | 14,422,000 | 20,107,000 | 25,751,000 |
| Noninterest expense | 24,262,000 | 48,272,000 | 72,758,000 | 98,173,000 |
| Provision for loan losses | 0 | -100,000 | 0 | 0 |
| Pretax income | 9,753,000 | 20,563,000 | 29,600,000 | 39,011,000 |
| Income tax | 3,580,000 | 7,159,000 | 10,738,000 | 5,267,000 |
| Net income | 6,176,000 | 13,061,000 | 18,519,000 | 33,318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 227,417,000 | 230,381,000 | 250,584,000 | 259,118,000 |
| Total capital | 256,020,000 | 259,299,000 | 279,994,000 | 288,342,000 |
| Risk-weighted assets | 2,279,872,000 | 2,308,858,000 | 2,349,897,000 | 2,333,318,000 |