Call reports 2015
OCEAN BANK — 2015
What OCEAN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 3,236,784,000 | 3,197,214,000 | 3,256,626,000 | 3,295,412,000 |
| Total loans | 2,241,991,000 | 2,290,292,000 | 2,392,888,000 | 2,500,776,000 |
| Allowance for loan losses | 34,610,000 | 34,172,000 | 35,168,000 | 35,229,000 |
| Securities available for sale | 570,174,000 | 567,847,000 | 519,233,000 | 475,157,000 |
| Securities held to maturity | 34,501,000 | 32,287,000 | 31,547,000 | 30,933,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,809,010,000 | 2,764,891,000 | 2,786,843,000 | 2,786,998,000 |
| Interest-bearing deposits | 2,718,922,000 | 2,669,216,000 | 2,689,705,000 | 2,695,071,000 |
| Noninterest-bearing deposits | 90,088,000 | 95,675,000 | 97,138,000 | 91,927,000 |
| Equity capital | 407,717,000 | 410,004,000 | 419,361,000 | 411,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 30,294,000 | 59,865,000 | 91,007,000 | 123,362,000 |
| Interest expense | 2,409,000 | 4,816,000 | 7,184,000 | 9,598,000 |
| Net interest income | 27,885,000 | 55,049,000 | 83,823,000 | 113,764,000 |
| Noninterest income | 5,966,000 | 11,752,000 | 19,777,000 | 24,614,000 |
| Noninterest expense | 24,357,000 | 50,236,000 | 74,957,000 | 101,989,000 |
| Provision for loan losses | 0 | -400,000 | -750,000 | -1,250,000 |
| Pretax income | 10,742,000 | 18,213,000 | 31,418,000 | 39,657,000 |
| Income tax | 3,558,000 | 6,349,000 | 11,355,000 | 19,310,000 |
| Net income | 5,909,000 | 10,495,000 | 17,982,000 | 20,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 321,247,000 | 325,376,000 | 333,679,000 | 332,806,000 |
| Total capital | 353,070,000 | 357,583,000 | 368,590,000 | 368,658,000 |
| Risk-weighted assets | 2,488,120,000 | 2,519,058,000 | 2,737,124,000 | 2,816,902,000 |