Call reports 2017
1ST BANK OF SEA ISLE CITY — 2017
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 244,180,000 | 245,951,000 | 252,818,000 | 247,161,000 |
| Total loans | 166,669,000 | 166,902,000 | 163,030,000 | 164,635,000 |
| Allowance for loan losses | 995,000 | 979,000 | 979,000 | 964,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,406,000 | 18,329,000 | 20,559,000 | 22,407,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,580,000 | 215,698,000 | 221,084,000 | 217,130,000 |
| Interest-bearing deposits | 181,636,000 | 178,305,000 | 185,238,000 | 183,195,000 |
| Noninterest-bearing deposits | 31,944,000 | 37,393,000 | 35,846,000 | 33,935,000 |
| Equity capital | 24,850,000 | 25,056,000 | 25,292,000 | 24,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,143,000 | 4,241,000 | 6,380,000 | 8,540,000 |
| Interest expense | 115,000 | 230,000 | 351,000 | 470,000 |
| Net interest income | 2,028,000 | 4,011,000 | 6,029,000 | 8,070,000 |
| Noninterest income | 94,000 | 195,000 | 296,000 | 394,000 |
| Noninterest expense | 1,873,000 | 3,680,000 | 5,459,000 | 7,237,000 |
| Provision for loan losses | 54,000 | 54,000 | 54,000 | 54,000 |
| Pretax income | 195,000 | 472,000 | 812,000 | 1,173,000 |
| Income tax | 57,000 | 128,000 | 232,000 | 1,067,000 |
| Net income | 138,000 | 344,000 | 580,000 | 106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,850,000 | 25,056,000 | 25,292,000 | 24,819,000 |
| Total capital | 25,845,000 | 26,035,000 | 26,271,000 | 25,783,000 |
| Risk-weighted assets | 140,243,000 | 138,723,000 | 134,972,000 | 136,219,000 |