Call reports 2007
JERSEY SHORE STATE BANK — 2007
What JERSEY SHORE STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 570,949,000 | 571,812,000 | 598,683,000 | 615,286,000 |
| Total loans | 360,975,000 | 361,867,000 | 364,772,000 | 364,971,000 |
| Allowance for loan losses | 4,201,000 | 4,162,000 | 4,092,000 | 4,130,000 |
| Securities available for sale | 162,088,000 | 161,082,000 | 184,238,000 | 196,082,000 |
| Securities held to maturity | 284,000 | 275,000 | 276,000 | 277,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 385,051,000 | 406,899,000 | 405,157,000 | 389,659,000 |
| Interest-bearing deposits | 313,921,000 | 335,927,000 | 331,864,000 | 314,351,000 |
| Noninterest-bearing deposits | 71,130,000 | 70,972,000 | 73,293,000 | 75,308,000 |
| Equity capital | 58,026,000 | 53,686,000 | 56,504,000 | 56,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,476,000 | 17,068,000 | 25,840,000 | 34,937,000 |
| Interest expense | 3,947,000 | 7,955,000 | 12,074,000 | 16,477,000 |
| Net interest income | 4,529,000 | 9,113,000 | 13,766,000 | 18,460,000 |
| Noninterest income | 1,646,000 | 3,536,000 | 5,540,000 | 7,523,000 |
| Noninterest expense | 4,024,000 | 8,245,000 | 12,518,000 | 16,803,000 |
| Provision for loan losses | 40,000 | 50,000 | 60,000 | 150,000 |
| Pretax income | 2,225,000 | 4,589,000 | 6,963,000 | 9,265,000 |
| Income tax | 179,000 | 430,000 | 525,000 | 660,000 |
| Net income | 2,046,000 | 4,159,000 | 6,438,000 | 8,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,067,000 | 53,027,000 | 53,600,000 | 53,165,000 |
| Total capital | 57,304,000 | 57,189,000 | 57,692,000 | 57,295,000 |
| Risk-weighted assets | 357,513,000 | 359,428,000 | 374,725,000 | 379,376,000 |