Call reports 2021
OCEAN BANK — 2021
What OCEAN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 4,704,177,000 | 4,806,671,000 | 5,025,113,000 | 5,325,419,000 |
| Total loans | 3,737,678,000 | 3,828,774,000 | 3,809,146,000 | 3,975,735,000 |
| Allowance for loan losses | 63,145,000 | 64,223,000 | 63,064,000 | 64,011,000 |
| Securities available for sale | 380,531,000 | 400,409,000 | 509,813,000 | 520,582,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,121,717,000 | 4,235,704,000 | 4,440,993,000 | 4,736,143,000 |
| Interest-bearing deposits | 2,351,121,000 | 2,323,128,000 | 2,400,969,000 | 2,619,436,000 |
| Noninterest-bearing deposits | 1,770,596,000 | 1,912,576,000 | 2,040,024,000 | 2,116,707,000 |
| Equity capital | 524,124,000 | 539,506,000 | 549,581,000 | 540,510,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 41,128,000 | 83,990,000 | 126,134,000 | 169,746,000 |
| Interest expense | 2,028,000 | 3,869,000 | 5,341,000 | 6,749,000 |
| Net interest income | 39,100,000 | 80,121,000 | 120,793,000 | 162,997,000 |
| Noninterest income | 5,436,000 | 12,142,000 | 17,616,000 | 23,816,000 |
| Noninterest expense | 30,359,000 | 60,455,000 | 93,072,000 | 127,072,000 |
| Provision for loan losses | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 |
| Pretax income | 15,145,000 | 33,200,000 | 46,718,000 | 61,102,000 |
| Income tax | 3,584,000 | 7,695,000 | 10,540,000 | 14,686,000 |
| Net income | 11,561,000 | 25,505,000 | 36,178,000 | 46,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 510,438,000 | 525,156,000 | 536,250,000 | 532,918,000 |
| Total capital | 558,835,000 | 574,117,000 | 586,188,000 | 584,990,000 |
| Risk-weighted assets | 3,851,965,000 | 3,896,539,000 | 3,976,878,000 | 4,148,799,000 |