Call reports 2020
1ST BANK OF SEA ISLE CITY — 2020
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 237,811,000 | 261,907,000 | 271,047,000 | 266,258,000 |
| Total loans | 170,202,000 | 171,789,000 | 164,183,000 | 169,439,000 |
| Allowance for loan losses | 1,231,000 | 1,263,000 | 1,044,000 | 1,044,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,927,000 | 13,828,000 | 12,985,000 | 12,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,079,000 | 227,284,000 | 235,777,000 | 230,988,000 |
| Interest-bearing deposits | 162,185,000 | 168,679,000 | 169,468,000 | 175,521,000 |
| Noninterest-bearing deposits | 40,894,000 | 58,605,000 | 66,309,000 | 55,467,000 |
| Equity capital | 27,416,000 | 27,359,000 | 27,621,000 | 27,701,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,165,000 | 4,077,000 | 6,082,000 | 8,025,000 |
| Interest expense | 103,000 | 183,000 | 263,000 | 341,000 |
| Net interest income | 2,062,000 | 3,894,000 | 5,819,000 | 7,684,000 |
| Noninterest income | 95,000 | 132,000 | 219,000 | 304,000 |
| Noninterest expense | 1,877,000 | 3,731,000 | 5,611,000 | 7,470,000 |
| Provision for loan losses | 0 | 0 | -219,000 | -219,000 |
| Pretax income | 280,000 | 295,000 | 646,000 | 737,000 |
| Income tax | 65,000 | 58,000 | 147,000 | 158,000 |
| Net income | 215,000 | 237,000 | 499,000 | 579,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,426,000 | 27,448,000 | 27,710,000 | 27,790,000 |
| Total capital | 28,657,000 | 28,711,000 | 28,754,000 | 28,834,000 |
| Risk-weighted assets | 134,837,000 | 136,976,000 | 137,768,000 | 135,649,000 |