FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

OCEAN BANK — 2024Q1

The 22 measures OCEAN BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7e0e6483-fa38-4d1b-992c-a98780d5d1d2/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets6,340,942,000USDevidence →
Total loans5,041,599,000USDevidence →
Allowance for loan losses71,799,000USDevidence →
Securities available for sale632,847,000USDevidence →
Securities held to maturity174,826,000USDevidence →
Trading assets0USDevidence →
Total deposits5,547,231,000USDevidence →
Interest-bearing deposits3,807,827,000USDevidence →
Noninterest-bearing deposits1,739,404,000USDevidence →
Equity capital604,022,000USDevidence →

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 income89,309,000USDevidence →
Interest expense38,240,000USDevidence →
Net interest income51,069,000USDevidence →
Noninterest income6,540,000USDevidence →
Noninterest expense40,701,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income16,895,000USDevidence →
Income tax4,191,000USDevidence →
Net income12,704,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital634,109,000USDevidence →
Total capital701,898,000USDevidence →
Risk-weighted assets5,413,267,000USDevidence →