Call reports 2014
1ST BANK OF SEA ISLE CITY — 2014
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 232,642,000 | 233,313,000 | 249,300,000 | 233,370,000 |
| Total loans | 181,087,000 | 172,197,000 | 170,660,000 | 173,305,000 |
| Allowance for loan losses | 1,165,000 | 1,282,000 | 1,319,000 | 1,230,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,884,000 | 8,838,000 | 8,889,000 | 10,571,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,097,000 | 206,552,000 | 222,014,000 | 205,628,000 |
| Interest-bearing deposits | 183,471,000 | 177,721,000 | 192,039,000 | 177,702,000 |
| Noninterest-bearing deposits | 22,626,000 | 28,831,000 | 29,975,000 | 27,926,000 |
| Equity capital | 22,677,000 | 22,757,000 | 22,997,000 | 23,180,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,259,000 | 4,370,000 | 6,465,000 | 8,559,000 |
| Interest expense | 240,000 | 458,000 | 667,000 | 849,000 |
| Net interest income | 2,019,000 | 3,912,000 | 5,798,000 | 7,710,000 |
| Noninterest income | 102,000 | 202,000 | 309,000 | 406,000 |
| Noninterest expense | 1,721,000 | 3,345,000 | 4,932,000 | 6,624,000 |
| Provision for loan losses | 32,000 | 300,000 | 334,000 | 370,000 |
| Pretax income | 368,000 | 469,000 | 841,000 | 1,122,000 |
| Income tax | 129,000 | 150,000 | 282,000 | 381,000 |
| Net income | 239,000 | 319,000 | 559,000 | 741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,677,000 | 22,757,000 | 22,997,000 | 23,180,000 |
| Total capital | 23,842,000 | 24,039,000 | 24,316,000 | 24,410,000 |
| Risk-weighted assets | 150,618,000 | 142,705,000 | 140,574,000 | 143,199,000 |