Call reports 2016
SHORE COMMUNITY BANK — 2016
What SHORE COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 250,513,000 | 256,416,000 | 263,709,000 | 264,741,000 |
| Total loans | 171,603,000 | 173,160,000 | 176,226,000 | 182,479,000 |
| Allowance for loan losses | 2,709,000 | 2,765,000 | 2,827,000 | 2,802,000 |
| Securities available for sale | 27,978,000 | 27,452,000 | 23,735,000 | 21,772,000 |
| Securities held to maturity | 15,919,000 | 19,005,000 | 20,148,000 | 19,935,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,660,000 | 230,113,000 | 236,813,000 | 237,347,000 |
| Interest-bearing deposits | 171,407,000 | 182,467,000 | 184,351,000 | 189,149,000 |
| Noninterest-bearing deposits | 44,253,000 | 47,645,000 | 52,462,000 | 48,198,000 |
| Equity capital | 25,072,000 | 25,564,000 | 26,028,000 | 26,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,399,000 | 4,813,000 | 7,254,000 | 9,743,000 |
| Interest expense | 425,000 | 830,000 | 1,231,000 | 1,638,000 |
| Net interest income | 1,974,000 | 3,983,000 | 6,023,000 | 8,105,000 |
| Noninterest income | 173,000 | 268,000 | 480,000 | 535,000 |
| Noninterest expense | 1,550,000 | 3,057,000 | 4,539,000 | 5,968,000 |
| Provision for loan losses | 75,000 | 75,000 | 155,000 | 155,000 |
| Pretax income | 522,000 | 1,119,000 | 1,809,000 | 2,517,000 |
| Income tax | 160,000 | 346,000 | 567,000 | 791,000 |
| Net income | 362,000 | 773,000 | 1,242,000 | 1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,701,000 | 25,135,000 | 25,625,000 | 26,312,000 |
| Total capital | 26,980,000 | 27,348,000 | 27,867,000 | 28,615,000 |
| Risk-weighted assets | 181,854,000 | 176,391,000 | 178,751,000 | 183,703,000 |