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Ocean Independent Bank, Assets and Liabilities
| 1993-12-31 | Rank | |
| # of Employees: | 28 | 6,753 |
| Assets and Liabilities | ||
| Total Assets: | $46,009,000 | 8,120 |
| Cash and due from depository institutions | $3,722,000 | 6,753 |
| Interest-bearing balances | $0 | 7,655 |
| Securities | $8,788,000 | 9,555 |
| Federal funds sold & reverse repurchase agreements | $900,000 | 8,014 |
| Net loans & leases | $31,055,000 | 6,835 |
| Loan loss allowance | $437,000 | 6,984 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $350,000 | 9,789 |
| Other real estate owned | $529,000 | 6,753 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $665,000 | 8,038 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $46,009,000 | 8,120 |
| Total liabilities | $42,529,000 | 8,030 |
| Total deposits | $40,795,000 | 8,067 |
| Interest-bearing deposits | $32,799,000 | 8,368 |
| Deposits held in domestic offices | $40,795,000 | 8,060 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,585,000 | 2,408 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $149,000 | 10,394 |
| Total equity capital | $3,480,000 | 9,092 |
| Total bank equity capital | $3,480,000 | 9,092 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $2,679,000 | 1,499 |
| Surplus | $2,754,000 | 4,393 |
| Undivided profits | $-1,953,000 | 12,977 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,960,000 | 1,953 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $321,000 | 5,728 |
| Earning assets | $40,743,000 | 8,279 |
| Long-term assets (5+ years) | $4,546,000 | 6,698 |
| Average Assets, year-to-date | $43,326,600 | 8,264 |
| Average Assets, quarterly | $44,221,500 | 8,259 |
| Volatile liabilities | $4,578,000 | 6,854 |
| Insider loans | $2,250,000 | 1,822 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $8,023,000 | 385 |
| Unused loan commitments | $8,054,000 | 3,605 |
| Tier 1 (core) risk-based capital | $3,480,000 | 9,026 |
| Tier 2 risk-based capital | $384,210 | 6,480 |
| Total risk weighted assets | $30,684,210 | 7,179 |
| Total unused commitments | $8,054,000 | 3,622 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 30 | 6,539 |
| Assets and Liabilities | ||
| Total Assets: | $42,023,000 | 8,726 |
| Cash and due from depository institutions | $2,775,000 | 6,539 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $8,472,000 | 9,809 |
| Federal funds sold & reverse repurchase agreements | $1,500,000 | 7,479 |
| Net loans & leases | $27,547,000 | 7,451 |
| Loan loss allowance | $457,000 | 6,893 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $400,000 | 9,667 |
| Other real estate owned | $801,000 | 6,539 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $528,000 | 9,432 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $42,023,000 | 8,726 |
| Total liabilities | $38,795,000 | 8,656 |
| Total deposits | $38,119,000 | 8,585 |
| Interest-bearing deposits | $31,002,000 | 8,873 |
| Deposits held in domestic offices | $38,119,000 | 8,579 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $309,000 | 3,251 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $367,000 | 7,246 |
| Total equity capital | $3,228,000 | 9,366 |
| Total bank equity capital | $3,228,000 | 9,366 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $2,679,000 | 1,538 |
| Surplus | $2,754,000 | 4,293 |
| Undivided profits | $-2,205,000 | 13,574 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,233,000 | 3,156 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $284,000 | 6,811 |
| Earning assets | $37,519,000 | 8,836 |
| Long-term assets (5+ years) | $8,447,000 | 4,808 |
| Average Assets, year-to-date | $36,527,400 | 9,301 |
| Average Assets, quarterly | $39,430,000 | 9,011 |
| Volatile liabilities | $6,414,000 | 5,640 |
| Insider loans | $0 | 9,493 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $6,218,000 | 298 |
| Unused loan commitments | $9,726,000 | 3,018 |
| Tier 1 (core) risk-based capital | $3,228,000 | 9,300 |
| Tier 2 risk-based capital | $323,660 | 7,241 |
| Total risk weighted assets | $25,759,660 | 8,102 |
| Total unused commitments | $9,726,000 | 3,033 |
| Derivatives | $0 | 651 |