Call reports 2017
JERSEY SHORE STATE BANK — 2017
What JERSEY SHORE STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,008,785,000 | 1,030,940,000 | 1,059,667,000 | 1,095,725,000 |
| Total loans | 832,444,000 | 848,154,000 | 892,185,000 | 939,398,000 |
| Allowance for loan losses | 9,786,000 | 9,781,000 | 9,703,000 | 9,561,000 |
| Securities available for sale | 105,872,000 | 100,261,000 | 93,267,000 | 84,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 835,482,000 | 839,305,000 | 835,520,000 | 809,920,000 |
| Interest-bearing deposits | 653,597,000 | 657,577,000 | 650,698,000 | 636,404,000 |
| Noninterest-bearing deposits | 181,885,000 | 181,728,000 | 184,822,000 | 173,516,000 |
| Equity capital | 84,833,000 | 86,022,000 | 87,004,000 | 86,112,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,647,000 | 17,685,000 | 27,294,000 | 37,063,000 |
| Interest expense | 1,155,000 | 2,342,000 | 3,648,000 | 5,108,000 |
| Net interest income | 7,492,000 | 15,343,000 | 23,646,000 | 31,955,000 |
| Noninterest income | 2,000,000 | 4,302,000 | 6,317,000 | 8,323,000 |
| Noninterest expense | 6,374,000 | 12,810,000 | 19,668,000 | 26,239,000 |
| Provision for loan losses | 180,000 | 290,000 | 320,000 | 380,000 |
| Pretax income | 2,997,000 | 6,592,000 | 10,318,000 | 14,115,000 |
| Income tax | 786,000 | 1,797,000 | 2,827,000 | 5,731,000 |
| Net income | 2,211,000 | 4,795,000 | 7,491,000 | 8,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,900,000 | 87,751,000 | 88,724,000 | 88,289,000 |
| Total capital | 88,854,000 | 88,374,000 | 89,351,000 | 93,145,000 |
| Risk-weighted assets | 799,494,000 | 816,067,000 | 836,775,000 | 872,432,000 |