Call reports 2019
OCEAN BANK — 2019
What OCEAN BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 4,134,941,000 | 4,309,027,000 | 4,306,068,000 | 4,314,163,000 |
| Total loans | 3,170,103,000 | 3,194,339,000 | 3,271,470,000 | 3,315,952,000 |
| Allowance for loan losses | 47,184,000 | 47,748,000 | 46,884,000 | 48,252,000 |
| Securities available for sale | 473,583,000 | 495,428,000 | 499,199,000 | 485,343,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,537,685,000 | 3,693,813,000 | 3,676,040,000 | 3,677,983,000 |
| Interest-bearing deposits | 3,432,144,000 | 3,583,567,000 | 3,571,389,000 | 3,552,679,000 |
| Noninterest-bearing deposits | 105,541,000 | 110,246,000 | 104,651,000 | 125,304,000 |
| Equity capital | 463,281,000 | 475,886,000 | 485,137,000 | 476,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 45,096,000 | 92,504,000 | 139,928,000 | 185,396,000 |
| Interest expense | 7,889,000 | 18,089,000 | 28,769,000 | 38,498,000 |
| Net interest income | 37,207,000 | 74,415,000 | 111,159,000 | 146,898,000 |
| Noninterest income | 6,155,000 | 12,194,000 | 17,915,000 | 23,198,000 |
| Noninterest expense | 29,975,000 | 62,237,000 | 93,782,000 | 123,175,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 13,387,000 | 24,372,000 | 35,292,000 | 47,395,000 |
| Income tax | 3,356,000 | 6,311,000 | 9,938,000 | 12,592,000 |
| Net income | 10,031,000 | 18,061,000 | 25,354,000 | 34,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 441,415,000 | 452,826,000 | 464,037,000 | 460,338,000 |
| Total capital | 483,282,000 | 495,753,000 | 508,046,000 | 504,301,000 |
| Risk-weighted assets | 3,340,515,000 | 3,425,804,000 | 3,513,809,000 | 3,508,705,000 |