Call reports 2015
1ST BANK OF SEA ISLE CITY — 2015
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 226,507,000 | 229,906,000 | 237,328,000 | 227,612,000 |
| Total loans | 174,623,000 | 171,546,000 | 168,321,000 | 168,152,000 |
| Allowance for loan losses | 1,347,000 | 1,491,000 | 1,634,000 | 1,682,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,814,000 | 10,219,000 | 10,853,000 | 11,664,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,811,000 | 201,851,000 | 208,948,000 | 198,866,000 |
| Interest-bearing deposits | 170,854,000 | 165,369,000 | 173,864,000 | 170,207,000 |
| Noninterest-bearing deposits | 27,957,000 | 36,482,000 | 35,084,000 | 28,659,000 |
| Equity capital | 23,408,000 | 23,550,000 | 23,735,000 | 23,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,116,000 | 4,148,000 | 6,151,000 | 8,207,000 |
| Interest expense | 149,000 | 281,000 | 407,000 | 524,000 |
| Net interest income | 1,967,000 | 3,867,000 | 5,744,000 | 7,683,000 |
| Noninterest income | 93,000 | 157,000 | 281,000 | 387,000 |
| Noninterest expense | 1,598,000 | 3,227,000 | 4,821,000 | 6,526,000 |
| Provision for loan losses | 123,000 | 261,000 | 404,000 | 485,000 |
| Pretax income | 339,000 | 536,000 | 800,000 | 1,059,000 |
| Income tax | 110,000 | 165,000 | 245,000 | 319,000 |
| Net income | 229,000 | 371,000 | 555,000 | 740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,408,000 | 23,550,000 | 23,735,000 | 23,919,000 |
| Total capital | 24,755,000 | 25,041,000 | 25,369,000 | 25,601,000 |
| Risk-weighted assets | 147,295,000 | 146,333,000 | 141,109,000 | 143,857,000 |