Call reports 2016
JERSEY SHORE STATE BANK — 2016
What JERSEY SHORE STATE 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 | 953,312,000 | 965,175,000 | 968,861,000 | 986,486,000 |
| Total loans | 771,420,000 | 781,186,000 | 793,973,000 | 816,271,000 |
| Allowance for loan losses | 9,529,000 | 9,680,000 | 9,830,000 | 9,906,000 |
| Securities available for sale | 116,300,000 | 108,699,000 | 104,850,000 | 98,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 760,591,000 | 770,601,000 | 768,583,000 | 770,937,000 |
| Interest-bearing deposits | 605,443,000 | 616,731,000 | 598,997,000 | 592,052,000 |
| Noninterest-bearing deposits | 155,148,000 | 153,870,000 | 169,586,000 | 178,885,000 |
| Equity capital | 83,899,000 | 85,317,000 | 85,631,000 | 84,020,000 |
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 | 8,663,000 | 17,261,000 | 25,794,000 | 34,451,000 |
| Interest expense | 1,193,000 | 2,385,000 | 3,598,000 | 4,816,000 |
| Net interest income | 7,470,000 | 14,876,000 | 22,196,000 | 29,635,000 |
| Noninterest income | 2,038,000 | 4,256,000 | 6,620,000 | 8,555,000 |
| Noninterest expense | 6,336,000 | 12,490,000 | 18,776,000 | 24,848,000 |
| Provision for loan losses | 180,000 | 360,000 | 540,000 | 720,000 |
| Pretax income | 3,236,000 | 7,012,000 | 10,387,000 | 13,524,000 |
| Income tax | 700,000 | 1,630,000 | 2,603,000 | 3,505,000 |
| Net income | 2,536,000 | 5,382,000 | 7,784,000 | 10,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,113,000 | 84,437,000 | 85,498,000 | 86,397,000 |
| Total capital | 84,973,000 | 87,841,000 | 89,193,000 | 90,992,000 |
| Risk-weighted assets | 770,125,000 | 742,113,000 | 749,969,000 | 775,865,000 |