Call reports 2024
JERSEY SHORE STATE BANK — 2024
What JERSEY SHORE STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,578,372,000 | 1,596,951,000 | 1,612,112,000 | 1,595,380,000 |
| Total loans | 1,318,392,000 | 1,333,206,000 | 1,341,285,000 | 1,341,037,000 |
| Allowance for loan losses | 9,522,000 | 8,982,000 | 9,265,000 | 9,687,000 |
| Securities available for sale | 149,011,000 | 153,670,000 | 150,170,000 | 140,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,100,279,000 | 1,105,538,000 | 1,132,885,000 | 1,144,580,000 |
| Interest-bearing deposits | 800,302,000 | 813,294,000 | 849,503,000 | 857,480,000 |
| Noninterest-bearing deposits | 299,977,000 | 292,244,000 | 283,382,000 | 287,100,000 |
| Equity capital | 126,465,000 | 128,245,000 | 132,987,000 | 134,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 18,622,000 | 37,764,000 | 57,760,000 | 77,806,000 |
| Interest expense | 9,754,000 | 19,568,000 | 29,891,000 | 39,966,000 |
| Net interest income | 8,868,000 | 18,196,000 | 27,869,000 | 37,840,000 |
| Noninterest income | 1,831,000 | 3,246,000 | 4,972,000 | 6,941,000 |
| Noninterest expense | 7,432,000 | 14,815,000 | 22,032,000 | 30,199,000 |
| Provision for loan losses | 112,000 | -865,000 | -417,000 | 93,000 |
| Pretax income | 3,386,000 | 8,126,000 | 11,827,000 | 15,127,000 |
| Income tax | 441,000 | 1,380,000 | 2,005,000 | 2,671,000 |
| Net income | 2,945,000 | 6,746,000 | 9,822,000 | 12,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 132,476,000 | 134,253,000 | 136,193,000 | 137,102,000 |
| Total capital | 142,983,000 | 143,787,000 | 146,062,000 | 147,327,000 |
| Risk-weighted assets | 1,337,062,000 | 1,353,440,000 | 1,358,261,000 | 1,357,466,000 |