Call reports 2019
1ST BANK OF SEA ISLE CITY — 2019
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 244,466,000 | 254,343,000 | 245,271,000 | 243,298,000 |
| Total loans | 175,838,000 | 173,954,000 | 172,743,000 | 169,356,000 |
| Allowance for loan losses | 1,230,000 | 1,230,000 | 1,230,000 | 1,230,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,601,000 | 23,108,000 | 21,135,000 | 16,943,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,579,000 | 220,855,000 | 211,124,000 | 209,034,000 |
| Interest-bearing deposits | 165,498,000 | 178,418,000 | 165,108,000 | 163,491,000 |
| Noninterest-bearing deposits | 38,081,000 | 42,437,000 | 46,016,000 | 45,543,000 |
| Equity capital | 26,207,000 | 26,552,000 | 26,890,000 | 27,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,379,000 | 4,830,000 | 7,270,000 | 9,589,000 |
| Interest expense | 165,000 | 324,000 | 459,000 | 570,000 |
| Net interest income | 2,214,000 | 4,506,000 | 6,811,000 | 9,019,000 |
| Noninterest income | 104,000 | 204,000 | 312,000 | 417,000 |
| Noninterest expense | 1,903,000 | 3,873,000 | 5,835,000 | 7,680,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 415,000 | 837,000 | 1,288,000 | 1,751,000 |
| Income tax | 101,000 | 206,000 | 319,000 | 471,000 |
| Net income | 314,000 | 631,000 | 969,000 | 1,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,244,000 | 26,562,000 | 26,900,000 | 27,210,000 |
| Total capital | 27,474,000 | 27,792,000 | 28,130,000 | 28,440,000 |
| Risk-weighted assets | 144,747,000 | 143,246,000 | 143,830,000 | 139,271,000 |