Call reports 2014
SHORE COMMUNITY BANK — 2014
What SHORE COMMUNITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 231,174,000 | 232,421,000 | 226,040,000 | 216,140,000 |
| Total loans | 114,915,000 | 124,311,000 | 135,831,000 | 143,465,000 |
| Allowance for loan losses | 2,297,000 | 2,374,000 | 2,454,000 | 2,378,000 |
| Securities available for sale | 42,382,000 | 38,648,000 | 36,465,000 | 31,168,000 |
| Securities held to maturity | 17,882,000 | 15,982,000 | 15,707,000 | 15,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,183,000 | 200,015,000 | 193,387,000 | 183,072,000 |
| Interest-bearing deposits | 156,667,000 | 150,323,000 | 148,905,000 | 143,430,000 |
| Noninterest-bearing deposits | 42,515,000 | 49,692,000 | 44,483,000 | 39,642,000 |
| Equity capital | 22,272,000 | 22,534,000 | 22,870,000 | 23,325,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,869,000 | 3,808,000 | 5,823,000 | 7,973,000 |
| Interest expense | 410,000 | 776,000 | 1,122,000 | 1,461,000 |
| Net interest income | 1,459,000 | 3,032,000 | 4,701,000 | 6,512,000 |
| Noninterest income | 181,000 | 327,000 | 548,000 | 287,000 |
| Noninterest expense | 1,444,000 | 2,819,000 | 4,234,000 | 5,615,000 |
| Provision for loan losses | 70,000 | 175,000 | 280,000 | -170,000 |
| Pretax income | 126,000 | 365,000 | 735,000 | 1,354,000 |
| Income tax | -27,000 | 4,000 | 89,000 | 274,000 |
| Net income | 153,000 | 361,000 | 646,000 | 1,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,041,000 | 22,258,000 | 22,571,000 | 23,015,000 |
| Total capital | 23,632,000 | 23,934,000 | 24,417,000 | 24,931,000 |
| Risk-weighted assets | 126,590,000 | 133,356,000 | 147,087,000 | 152,787,000 |