Call reports 2018
1ST BANK OF SEA ISLE CITY — 2018
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 253,146,000 | 254,205,000 | 260,036,000 | 241,029,000 |
| Total loans | 164,274,000 | 169,838,000 | 168,614,000 | 173,246,000 |
| Allowance for loan losses | 964,000 | 999,000 | 1,067,000 | 1,230,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 22,413,000 | 22,918,000 | 22,924,000 | 24,293,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,454,000 | 223,056,000 | 228,133,000 | 201,003,000 |
| Interest-bearing deposits | 185,650,000 | 180,613,000 | 187,212,000 | 166,827,000 |
| Noninterest-bearing deposits | 36,804,000 | 42,443,000 | 40,921,000 | 34,176,000 |
| Equity capital | 25,084,000 | 25,366,000 | 25,680,000 | 25,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,179,000 | 4,431,000 | 6,757,000 | 9,150,000 |
| Interest expense | 118,000 | 234,000 | 351,000 | 482,000 |
| Net interest income | 2,061,000 | 4,197,000 | 6,406,000 | 8,668,000 |
| Noninterest income | 132,000 | 230,000 | 325,000 | 431,000 |
| Noninterest expense | 1,854,000 | 3,722,000 | 5,587,000 | 7,490,000 |
| Provision for loan losses | 0 | 35,000 | 97,000 | 261,000 |
| Pretax income | 339,000 | 670,000 | 1,047,000 | 1,348,000 |
| Income tax | 73,000 | 144,000 | 207,000 | 296,000 |
| Net income | 266,000 | 526,000 | 840,000 | 1,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,084,000 | 25,403,000 | 25,717,000 | 25,930,000 |
| Total capital | 26,048,000 | 26,402,000 | 26,784,000 | 27,160,000 |
| Risk-weighted assets | 134,766,000 | 137,903,000 | 136,397,000 | 141,337,000 |