Call reports 2023
JERSEY SHORE STATE BANK — 2023
What JERSEY SHORE STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,501,864,000 | 1,546,010,000 | 1,567,458,000 | 1,584,746,000 |
| Total loans | 1,232,182,000 | 1,278,282,000 | 1,306,353,000 | 1,316,439,000 |
| Allowance for loan losses | 9,618,000 | 9,479,000 | 10,452,000 | 9,545,000 |
| Securities available for sale | 156,843,000 | 146,552,000 | 143,412,000 | 152,050,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,187,981,000 | 1,088,936,000 | 1,066,705,000 | 1,101,906,000 |
| Interest-bearing deposits | 876,533,000 | 791,407,000 | 773,931,000 | 802,981,000 |
| Noninterest-bearing deposits | 311,448,000 | 297,529,000 | 292,774,000 | 298,925,000 |
| Equity capital | 113,882,000 | 114,162,000 | 114,094,000 | 125,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,345,000 | 30,140,000 | 47,306,000 | 65,473,000 |
| Interest expense | 4,650,000 | 11,632,000 | 20,230,000 | 29,719,000 |
| Net interest income | 9,695,000 | 18,508,000 | 27,076,000 | 35,754,000 |
| Noninterest income | 1,821,000 | 3,341,000 | 4,807,000 | 6,479,000 |
| Noninterest expense | 7,307,000 | 14,764,000 | 22,222,000 | 29,576,000 |
| Provision for loan losses | 2,000 | -800,000 | 241,000 | -1,024,000 |
| Pretax income | 4,042,000 | 8,217,000 | 9,656,000 | 14,001,000 |
| Income tax | 627,000 | 1,429,000 | 1,636,000 | 2,484,000 |
| Net income | 3,415,000 | 6,788,000 | 8,020,000 | 11,517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,428,000 | 124,177,000 | 124,883,000 | 131,356,000 |
| Total capital | 133,875,000 | 134,926,000 | 136,641,000 | 142,134,000 |
| Risk-weighted assets | 1,264,567,000 | 1,305,025,000 | 1,329,123,000 | 1,328,205,000 |