Call reports 2016
OCEAN BANK — 2016
What OCEAN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 3,292,375,000 | 3,458,938,000 | 3,417,535,000 | 3,393,766,000 |
| Total loans | 2,550,012,000 | 2,689,465,000 | 2,715,315,000 | 2,805,869,000 |
| Allowance for loan losses | 35,516,000 | 35,609,000 | 35,855,000 | 36,524,000 |
| Securities available for sale | 387,422,000 | 347,000,000 | 289,598,000 | 288,321,000 |
| Securities held to maturity | 30,449,000 | 29,871,000 | 29,257,000 | 28,677,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,819,661,000 | 2,892,714,000 | 2,928,773,000 | 2,883,806,000 |
| Interest-bearing deposits | 2,726,434,000 | 2,793,270,000 | 2,828,670,000 | 2,795,284,000 |
| Noninterest-bearing deposits | 93,227,000 | 99,444,000 | 100,103,000 | 88,522,000 |
| Equity capital | 418,030,000 | 424,950,000 | 431,251,000 | 425,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 32,390,000 | 65,613,000 | 99,585,000 | 133,901,000 |
| Interest expense | 2,425,000 | 4,931,000 | 7,674,000 | 10,502,000 |
| Net interest income | 29,965,000 | 60,682,000 | 91,911,000 | 123,399,000 |
| Noninterest income | 5,021,000 | 10,124,000 | 16,272,000 | 20,371,000 |
| Noninterest expense | 27,360,000 | 54,591,000 | 80,133,000 | 104,475,000 |
| Provision for loan losses | -150,000 | -600,000 | -600,000 | -600,000 |
| Pretax income | 7,756,000 | 16,859,000 | 30,279,000 | 41,524,000 |
| Income tax | 3,500,000 | 6,882,000 | 11,910,000 | 16,209,000 |
| Net income | 4,256,000 | 9,977,000 | 18,369,000 | 25,315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 341,183,000 | 351,360,000 | 362,592,000 | 360,791,000 |
| Total capital | 377,426,000 | 389,279,000 | 400,143,000 | 399,293,000 |
| Risk-weighted assets | 2,865,853,000 | 3,002,821,000 | 2,973,889,000 | 3,051,365,000 |