FACTANKER · measured, cited, anchored official records connected

Call report 2022Q1

OCEAN BANK — 2022Q1

The 22 measures OCEAN BANK reported to the FFIEC for 2022Q1, each linked to its source filing.

PERIOD: 2022Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7e0e6483-fa38-4d1b-992c-a98780d5d1d2/2022Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets5,367,008,000USDevidence →
Total loans3,936,152,000USDevidence →
Allowance for loan losses64,161,000USDevidence →
Securities available for sale738,039,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits4,799,143,000USDevidence →
Interest-bearing deposits2,628,266,000USDevidence →
Noninterest-bearing deposits2,170,877,000USDevidence →
Equity capital532,975,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income42,013,000USDevidence →
Interest expense1,399,000USDevidence →
Net interest income40,614,000USDevidence →
Noninterest income6,727,000USDevidence →
Noninterest expense33,017,000USDevidence →
Provision for loan losses-1,000,000USDevidence →
Pretax income15,248,000USDevidence →
Income tax3,671,000USDevidence →
Net income11,577,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital545,649,000USDevidence →
Total capital599,263,000USDevidence →
Risk-weighted assets4,272,533,000USDevidence →