Call reports 2003
JERSEY SHORE STATE BANK — 2003
What JERSEY SHORE STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 483,662,000 | 502,930,000 | 505,265,000 | 513,404,000 |
| Total loans | 254,868,000 | 258,959,000 | 272,265,000 | 282,634,000 |
| Allowance for loan losses | 3,018,000 | 3,041,000 | 3,080,000 | 3,069,000 |
| Securities available for sale | 187,282,000 | 205,207,000 | 197,140,000 | 193,576,000 |
| Securities held to maturity | 1,176,000 | 966,000 | 941,000 | 686,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,202,000 | 340,957,000 | 334,064,000 | 334,828,000 |
| Interest-bearing deposits | 280,780,000 | 282,097,000 | 276,641,000 | 269,444,000 |
| Noninterest-bearing deposits | 60,422,000 | 58,860,000 | 57,423,000 | 65,384,000 |
| Equity capital | 52,786,000 | 55,984,000 | 53,003,000 | 54,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 7,048,000 | 14,224,000 | 21,425,000 | 28,726,000 |
| Interest expense | 2,390,000 | 4,786,000 | 7,113,000 | 9,271,000 |
| Net interest income | 4,658,000 | 9,438,000 | 14,312,000 | 19,455,000 |
| Noninterest income | 1,176,000 | 2,368,000 | 3,675,000 | 4,929,000 |
| Noninterest expense | 3,077,000 | 6,203,000 | 9,429,000 | 12,919,000 |
| Provision for loan losses | 90,000 | 135,000 | 225,000 | 255,000 |
| Pretax income | 3,084,000 | 7,260,000 | 11,246,000 | 14,421,000 |
| Income tax | 693,000 | 1,809,000 | 2,909,000 | 3,721,000 |
| Net income | 2,391,000 | 5,451,000 | 8,337,000 | 10,700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,204,000 | 47,354,000 | 47,538,000 | 47,773,000 |
| Total capital | 48,756,000 | 51,183,000 | 51,569,000 | 52,164,000 |
| Risk-weighted assets | 257,567,000 | 262,819,000 | 270,508,000 | 276,933,000 |