Call reports 2017
OCEAN BANK — 2017
What OCEAN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 3,566,673,000 | 3,713,032,000 | 3,829,373,000 | 3,710,187,000 |
| Total loans | 2,885,568,000 | 2,968,906,000 | 3,050,065,000 | 3,012,738,000 |
| Allowance for loan losses | 36,463,000 | 37,788,000 | 38,575,000 | 41,868,000 |
| Securities available for sale | 291,298,000 | 350,817,000 | 340,922,000 | 372,534,000 |
| Securities held to maturity | 23,151,000 | 22,743,000 | 22,288,000 | 21,188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,045,479,000 | 3,086,689,000 | 3,273,486,000 | 3,192,691,000 |
| Interest-bearing deposits | 2,942,945,000 | 2,983,267,000 | 3,169,962,000 | 3,070,215,000 |
| Noninterest-bearing deposits | 102,534,000 | 103,422,000 | 103,524,000 | 122,476,000 |
| Equity capital | 433,090,000 | 441,782,000 | 450,217,000 | 426,487,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 35,607,000 | 73,964,000 | 112,538,000 | 152,233,000 |
| Interest expense | 3,099,000 | 6,548,000 | 10,525,000 | 14,619,000 |
| Net interest income | 32,508,000 | 67,416,000 | 102,013,000 | 137,614,000 |
| Noninterest income | 4,966,000 | 10,232,000 | 15,074,000 | 20,329,000 |
| Noninterest expense | 25,563,000 | 52,114,000 | 78,217,000 | 105,812,000 |
| Provision for loan losses | 0 | 80,000 | 80,000 | 80,000 |
| Pretax income | 11,911,000 | 25,454,000 | 38,790,000 | 52,051,000 |
| Income tax | 4,473,000 | 9,551,000 | 14,518,000 | 39,085,000 |
| Net income | 7,438,000 | 15,903,000 | 24,272,000 | 12,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 371,337,000 | 385,023,000 | 397,917,000 | 391,166,000 |
| Total capital | 410,298,000 | 425,086,000 | 439,181,000 | 431,620,000 |
| Risk-weighted assets | 3,102,576,000 | 3,191,632,000 | 3,289,219,000 | 3,223,422,000 |