Call reports 2020
JERSEY SHORE STATE BANK — 2020
What JERSEY SHORE STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,226,015,000 | 1,327,324,000 | 1,314,702,000 | 1,305,516,000 |
| Total loans | 999,496,000 | 987,148,000 | 987,134,000 | 988,148,000 |
| Allowance for loan losses | 8,308,000 | 8,652,000 | 8,935,000 | 9,291,000 |
| Securities available for sale | 122,395,000 | 131,595,000 | 121,647,000 | 130,366,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 944,916,000 | 1,043,738,000 | 1,044,544,000 | 1,044,288,000 |
| Interest-bearing deposits | 740,730,000 | 789,581,000 | 780,928,000 | 773,790,000 |
| Noninterest-bearing deposits | 204,186,000 | 254,157,000 | 263,616,000 | 270,498,000 |
| Equity capital | 100,306,000 | 102,241,000 | 103,400,000 | 104,753,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 11,909,000 | 23,665,000 | 34,861,000 | 45,841,000 |
| Interest expense | 3,233,000 | 6,287,000 | 9,119,000 | 11,587,000 |
| Net interest income | 8,676,000 | 17,378,000 | 25,742,000 | 34,254,000 |
| Noninterest income | 1,945,000 | 3,873,000 | 6,274,000 | 8,393,000 |
| Noninterest expense | 6,927,000 | 13,304,000 | 19,813,000 | 26,427,000 |
| Provision for loan losses | 550,000 | 1,000,000 | 1,450,000 | 1,900,000 |
| Pretax income | 3,178,000 | 7,173,000 | 11,771,000 | 15,689,000 |
| Income tax | 559,000 | 1,322,000 | 2,173,000 | 2,922,000 |
| Net income | 2,619,000 | 5,851,000 | 9,598,000 | 12,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,133,000 | 101,211,000 | 102,099,000 | 103,812,000 |
| Total capital | 107,430,000 | 109,086,000 | 110,264,000 | 112,862,000 |
| Risk-weighted assets | 941,826,000 | 1,025,843,000 | 931,197,000 | 1,030,953,000 |