Call reports 2008
JERSEY SHORE STATE BANK — 2008
What JERSEY SHORE STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 617,494,000 | 623,111,000 | 621,820,000 | 643,302,000 |
| Total loans | 361,130,000 | 369,801,000 | 376,778,000 | 385,330,000 |
| Allowance for loan losses | 4,154,000 | 4,207,000 | 4,268,000 | 4,356,000 |
| Securities available for sale | 188,487,000 | 194,295,000 | 186,597,000 | 194,220,000 |
| Securities held to maturity | 279,000 | 160,000 | 135,000 | 135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,305,000 | 438,421,000 | 432,603,000 | 423,411,000 |
| Interest-bearing deposits | 324,463,000 | 358,013,000 | 356,985,000 | 345,333,000 |
| Noninterest-bearing deposits | 71,842,000 | 80,408,000 | 75,618,000 | 78,078,000 |
| Equity capital | 55,528,000 | 52,462,000 | 47,082,000 | 49,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,866,000 | 17,621,000 | 26,549,000 | 35,417,000 |
| Interest expense | 4,173,000 | 7,956,000 | 11,554,000 | 14,848,000 |
| Net interest income | 4,693,000 | 9,665,000 | 14,995,000 | 20,569,000 |
| Noninterest income | 1,873,000 | 3,743,000 | 5,718,000 | 7,478,000 |
| Noninterest expense | 4,340,000 | 8,721,000 | 13,057,000 | 17,502,000 |
| Provision for loan losses | 60,000 | 120,000 | 230,000 | 375,000 |
| Pretax income | 2,378,000 | 4,746,000 | 7,680,000 | 10,424,000 |
| Income tax | 213,000 | 441,000 | 858,000 | 1,185,000 |
| Net income | 2,165,000 | 4,305,000 | 6,822,000 | 9,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,638,000 | 51,877,000 | 52,322,000 | 52,520,000 |
| Total capital | 56,792,000 | 56,084,000 | 56,613,000 | 56,876,000 |
| Risk-weighted assets | 391,710,000 | 396,295,000 | 399,478,000 | 409,984,000 |