Call reports 2021
1ST BANK OF SEA ISLE CITY — 2021
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 294,296,000 | 308,413,000 | 318,740,000 | 316,170,000 |
| Total loans | 162,317,000 | 165,335,000 | 170,712,000 | 179,701,000 |
| Allowance for loan losses | 1,044,000 | 1,043,000 | 1,043,000 | 1,032,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,126,000 | 23,994,000 | 27,893,000 | 31,640,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,808,000 | 272,712,000 | 282,985,000 | 280,265,000 |
| Interest-bearing deposits | 195,909,000 | 203,265,000 | 209,468,000 | 214,568,000 |
| Noninterest-bearing deposits | 62,899,000 | 69,447,000 | 73,517,000 | 65,697,000 |
| Equity capital | 27,698,000 | 27,702,000 | 27,818,000 | 27,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,943,000 | 3,782,000 | 5,863,000 | 7,870,000 |
| Interest expense | 77,000 | 160,000 | 243,000 | 327,000 |
| Net interest income | 1,866,000 | 3,622,000 | 5,620,000 | 7,543,000 |
| Noninterest income | 63,000 | 133,000 | 238,000 | 331,000 |
| Noninterest expense | 1,888,000 | 3,729,000 | 5,678,000 | 7,605,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 41,000 | 26,000 | 180,000 | 269,000 |
| Income tax | -6,000 | -25,000 | 12,000 | 26,000 |
| Net income | 47,000 | 51,000 | 168,000 | 243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,837,000 | 27,841,000 | 27,957,000 | 28,033,000 |
| Total capital | 28,881,000 | 28,884,000 | 29,000,000 | 29,065,000 |
| Risk-weighted assets | 127,748,000 | 131,395,000 | 138,708,000 | 148,655,000 |