Call reports 2013
JERSEY SHORE STATE BANK — 2013
What JERSEY SHORE STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 847,394,000 | 885,432,000 | 874,723,000 | 896,847,000 |
| Total loans | 514,847,000 | 538,250,000 | 556,002,000 | 577,723,000 |
| Allowance for loan losses | 8,830,000 | 9,340,000 | 9,384,000 | 9,910,000 |
| Securities available for sale | 278,569,000 | 280,070,000 | 254,886,000 | 257,705,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 667,816,000 | 680,084,000 | 694,304,000 | 680,772,000 |
| Interest-bearing deposits | 538,833,000 | 549,608,000 | 566,907,000 | 555,432,000 |
| Noninterest-bearing deposits | 128,983,000 | 130,476,000 | 127,397,000 | 125,340,000 |
| Equity capital | 79,629,000 | 73,083,000 | 72,800,000 | 73,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,475,000 | 18,344,000 | 27,235,000 | 36,007,000 |
| Interest expense | 1,335,000 | 2,562,000 | 3,801,000 | 5,007,000 |
| Net interest income | 8,140,000 | 15,782,000 | 23,434,000 | 31,000,000 |
| Noninterest income | 1,737,000 | 3,825,000 | 6,214,000 | 8,123,000 |
| Noninterest expense | 5,548,000 | 11,047,000 | 16,903,000 | 22,668,000 |
| Provision for loan losses | 500,000 | 1,025,000 | 1,475,000 | 1,925,000 |
| Pretax income | 4,469,000 | 9,414,000 | 13,147,000 | 16,458,000 |
| Income tax | 848,000 | 1,899,000 | 2,541,000 | 3,061,000 |
| Net income | 3,621,000 | 7,515,000 | 10,606,000 | 13,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,961,000 | 68,551,000 | 69,561,000 | 70,046,000 |
| Total capital | 74,159,000 | 76,185,000 | 77,223,000 | 77,999,000 |
| Risk-weighted assets | 574,245,000 | 609,026,000 | 611,275,000 | 634,284,000 |