Call reports 2021
JERSEY SHORE STATE BANK — 2021
What JERSEY SHORE STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,324,986,000 | 1,307,412,000 | 1,330,038,000 | 1,354,455,000 |
| Total loans | 974,770,000 | 980,328,000 | 984,758,000 | 1,017,011,000 |
| Allowance for loan losses | 9,630,000 | 9,872,000 | 10,229,000 | 10,318,000 |
| Securities available for sale | 133,500,000 | 137,284,000 | 129,471,000 | 133,939,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,074,541,000 | 1,058,645,000 | 1,092,970,000 | 1,114,490,000 |
| Interest-bearing deposits | 780,984,000 | 765,269,000 | 795,436,000 | 809,552,000 |
| Noninterest-bearing deposits | 293,557,000 | 293,376,000 | 297,534,000 | 304,938,000 |
| Equity capital | 104,472,000 | 106,287,000 | 108,533,000 | 112,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,608,000 | 21,056,000 | 31,716,000 | 42,380,000 |
| Interest expense | 2,015,000 | 3,820,000 | 5,439,000 | 6,837,000 |
| Net interest income | 8,593,000 | 17,236,000 | 26,277,000 | 35,543,000 |
| Noninterest income | 1,951,000 | 4,125,000 | 6,388,000 | 8,614,000 |
| Noninterest expense | 6,791,000 | 13,559,000 | 20,495,000 | 27,509,000 |
| Provision for loan losses | 450,000 | 800,000 | 1,100,000 | 1,250,000 |
| Pretax income | 3,413,000 | 7,252,000 | 11,364,000 | 15,685,000 |
| Income tax | 622,000 | 1,332,000 | 2,081,000 | 2,995,000 |
| Net income | 2,791,000 | 5,920,000 | 9,283,000 | 12,690,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,864,000 | 105,870,000 | 108,508,000 | 110,682,000 |
| Total capital | 110,875,000 | 109,935,000 | 113,468,000 | 121,094,000 |
| Risk-weighted assets | 1,026,393,000 | 1,030,097,000 | 1,034,661,000 | 1,070,768,000 |