Call reports 2018
OCEAN BANK — 2018
What OCEAN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 3,753,128,000 | 3,767,715,000 | 3,826,041,000 | 3,875,427,000 |
| Total loans | 3,064,626,000 | 2,985,229,000 | 3,044,177,000 | 3,167,017,000 |
| Allowance for loan losses | 42,234,000 | 43,860,000 | 44,008,000 | 45,082,000 |
| Securities available for sale | 398,884,000 | 381,906,000 | 382,369,000 | 416,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,220,556,000 | 3,243,020,000 | 3,297,651,000 | 3,326,841,000 |
| Interest-bearing deposits | 3,115,082,000 | 3,137,435,000 | 3,190,410,000 | 3,221,098,000 |
| Noninterest-bearing deposits | 105,474,000 | 105,585,000 | 107,241,000 | 105,743,000 |
| Equity capital | 437,490,000 | 446,670,000 | 454,283,000 | 451,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 39,313,000 | 81,820,000 | 123,242,000 | 166,939,000 |
| Interest expense | 3,992,000 | 8,148,000 | 13,233,000 | 19,580,000 |
| Net interest income | 35,321,000 | 73,672,000 | 110,009,000 | 147,359,000 |
| Noninterest income | 11,626,000 | 16,569,000 | 22,353,000 | 25,183,000 |
| Noninterest expense | 29,259,000 | 58,585,000 | 87,073,000 | 118,615,000 |
| Provision for loan losses | 0 | 0 | 2,500,000 | 2,500,000 |
| Pretax income | 17,688,000 | 31,075,000 | 42,261,000 | 50,001,000 |
| Income tax | 4,376,000 | 7,677,000 | 10,420,000 | 12,324,000 |
| Net income | 13,312,000 | 23,398,000 | 31,841,000 | 37,677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 405,152,000 | 419,122,000 | 430,193,000 | 428,203,000 |
| Total capital | 446,003,000 | 458,844,000 | 470,522,000 | 469,603,000 |
| Risk-weighted assets | 3,262,657,000 | 3,169,578,000 | 3,219,126,000 | 3,304,763,000 |