Call reports 2015
SHORE BANK — 2015
What SHORE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Total assets | 392,947,000 | 396,010,000 | 389,843,000 |
| Total loans | 288,701,000 | 303,836,000 | 322,478,000 |
| Allowance for loan losses | 3,041,000 | 2,926,000 | 2,874,000 |
| Securities available for sale | 30,594,000 | 37,449,000 | 39,568,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 338,901,000 | 341,796,000 | 337,278,000 |
| Interest-bearing deposits | 259,086,000 | 246,660,000 | 242,835,000 |
| Noninterest-bearing deposits | 79,815,000 | 95,136,000 | 94,443,000 |
| Equity capital | 37,575,000 | 37,904,000 | 38,610,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Interest income | 3,483,000 | 7,170,000 | 10,976,000 |
| Interest expense | 459,000 | 924,000 | 1,336,000 |
| Net interest income | 3,024,000 | 6,246,000 | 9,640,000 |
| Noninterest income | 692,000 | 1,048,000 | 1,519,000 |
| Noninterest expense | 3,500,000 | 6,451,000 | 9,879,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 |
| Pretax income | 123,000 | 750,000 | 1,187,000 |
| Income tax | 8,000 | 15,000 | 42,000 |
| Net income | 115,000 | 735,000 | 1,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Tier 1 capital | 37,041,000 | 37,722,000 | 38,191,000 |
| Total capital | 40,082,000 | 40,648,000 | 41,065,000 |
| Risk-weighted assets | 281,509,000 | 308,789,000 | 317,651,000 |