Call reports 2016
1ST BANK OF SEA ISLE CITY — 2016
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 234,014,000 | 237,611,000 | 241,908,000 | 257,915,000 |
| Total loans | 170,315,000 | 173,339,000 | 171,584,000 | 169,042,000 |
| Allowance for loan losses | 1,982,000 | 2,073,000 | 2,165,000 | 2,257,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,416,000 | 12,896,000 | 14,527,000 | 16,641,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,492,000 | 208,577,000 | 212,440,000 | 228,103,000 |
| Interest-bearing deposits | 175,277,000 | 174,221,000 | 177,640,000 | 196,330,000 |
| Noninterest-bearing deposits | 30,215,000 | 34,356,000 | 34,800,000 | 31,773,000 |
| Equity capital | 24,057,000 | 24,289,000 | 24,480,000 | 24,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,999,000 | 4,109,000 | 6,225,000 | 8,299,000 |
| Interest expense | 109,000 | 214,000 | 319,000 | 440,000 |
| Net interest income | 1,890,000 | 3,895,000 | 5,906,000 | 7,859,000 |
| Noninterest income | 188,000 | 283,000 | 394,000 | 539,000 |
| Noninterest expense | 1,599,000 | 3,273,000 | 5,035,000 | 6,761,000 |
| Provision for loan losses | 300,000 | 392,000 | 483,000 | 575,000 |
| Pretax income | 179,000 | 513,000 | 782,000 | 1,062,000 |
| Income tax | 41,000 | 144,000 | 221,000 | 293,000 |
| Net income | 138,000 | 369,000 | 561,000 | 769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,057,000 | 24,289,000 | 24,480,000 | 24,688,000 |
| Total capital | 25,887,000 | 26,145,000 | 26,320,000 | 26,477,000 |
| Risk-weighted assets | 146,326,000 | 148,340,000 | 146,907,000 | 142,704,000 |