Call reports 2022
1ST BANK OF SEA ISLE CITY — 2022
What 1ST BANK OF SEA ISLE CITY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 316,242,000 | 333,074,000 | 328,694,000 | 331,161,000 |
| Total loans | 187,440,000 | 181,810,000 | 191,025,000 | 205,792,000 |
| Allowance for loan losses | 1,032,000 | 1,032,000 | 1,079,000 | 1,166,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 31,490,000 | 35,270,000 | 36,134,000 | 35,874,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,984,000 | 294,731,000 | 291,477,000 | 293,002,000 |
| Interest-bearing deposits | 211,903,000 | 219,400,000 | 220,884,000 | 223,413,000 |
| Noninterest-bearing deposits | 68,081,000 | 75,331,000 | 70,593,000 | 69,589,000 |
| Equity capital | 27,972,000 | 28,144,000 | 28,438,000 | 28,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,024,000 | 4,177,000 | 6,759,000 | 9,786,000 |
| Interest expense | 74,000 | 139,000 | 206,000 | 272,000 |
| Net interest income | 1,950,000 | 4,038,000 | 6,553,000 | 9,514,000 |
| Noninterest income | 89,000 | 195,000 | 220,000 | 370,000 |
| Noninterest expense | 1,945,000 | 3,964,000 | 6,046,000 | 8,408,000 |
| Provision for loan losses | 0 | 0 | 47,000 | 134,000 |
| Pretax income | 94,000 | 269,000 | 680,000 | 1,342,000 |
| Income tax | 15,000 | 55,000 | 171,000 | 358,000 |
| Net income | 79,000 | 214,000 | 509,000 | 984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,112,000 | 28,248,000 | 28,542,000 | 29,017,000 |
| Total capital | 29,144,000 | 29,280,000 | 29,621,000 | 30,183,000 |
| Risk-weighted assets | 157,120,000 | 149,821,000 | 160,802,000 | 168,604,000 |