OCEAN CITY HOME BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2016 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $8,646,287 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $8,646,287 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $2,596,936 |
| Expenses. Interest paid | 2016-12-31 | $93,397 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2016-12-31 | $93,397 |
| Total income from all sources (including contributions) | 2016-12-31 | $9,208,439 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $147,095 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $53,698 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $429,448 |
| Value of total assets at end of year | 2016-12-31 | $15,954,511 |
| Value of total assets at beginning of year | 2016-12-31 | $9,490,103 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $61 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $132,643 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $9,061,344 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $15,954,511 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,893,167 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $1,462,664 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $425 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $425 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $61 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $14,491,847 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $9,489,678 |
| Contributions received in cash from employer | 2016-12-31 | $429,448 |
| Income. Dividends from common stock | 2016-12-31 | $132,643 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $53,698 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2016-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $2,596,936 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2016-12-31 | 131610809 |
| 2015 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $1,567,504 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $1,567,504 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $2,596,936 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $2,954,320 |
| Expenses. Interest paid | 2015-12-31 | $118,595 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $118,595 |
| Total income from all sources (including contributions) | 2015-12-31 | $2,106,789 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $239,606 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $121,011 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $405,747 |
| Value of total assets at end of year | 2015-12-31 | $9,490,103 |
| Value of total assets at beginning of year | 2015-12-31 | $7,980,304 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $42 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $133,496 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $7 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $1,867,183 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $6,893,167 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $5,025,984 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $425 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $54 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $54 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $42 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $9,489,678 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $7,980,250 |
| Contributions received in cash from employer | 2015-12-31 | $405,740 |
| Income. Dividends from common stock | 2015-12-31 | $133,496 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $121,011 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2015-12-31 | $2,596,936 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $2,954,320 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2015-12-31 | 131610809 |
| 2014 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $373,912 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $373,912 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $2,954,320 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $3,295,652 |
| Expenses. Interest paid | 2014-12-31 | $134,648 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2014-12-31 | $134,648 |
| Total income from all sources (including contributions) | 2014-12-31 | $905,947 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $311,553 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $176,905 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $397,533 |
| Value of total assets at end of year | 2014-12-31 | $7,980,304 |
| Value of total assets at beginning of year | 2014-12-31 | $7,727,242 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $24 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $134,478 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $594,394 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $5,025,984 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,431,590 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $54 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $654 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $654 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $24 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $7,980,250 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $7,726,588 |
| Contributions received in cash from employer | 2014-12-31 | $397,533 |
| Income. Dividends from common stock | 2014-12-31 | $134,478 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $176,905 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2014-12-31 | $2,954,320 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $3,295,652 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2014-12-31 | 131610809 |
| 2013 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $-644,627 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $-644,627 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $3,295,652 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $3,621,675 |
| Expenses. Interest paid | 2013-12-31 | $149,956 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2013-12-31 | $149,956 |
| Total income from all sources (including contributions) | 2013-12-31 | $-119,246 |
| Total loss/gain on sale of assets | 2013-12-31 | $-729 |
| Total of all expenses incurred | 2013-12-31 | $339,153 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $189,197 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $389,293 |
| Value of total assets at end of year | 2013-12-31 | $7,727,242 |
| Value of total assets at beginning of year | 2013-12-31 | $8,511,664 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $230 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $136,587 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $2,300,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $-458,399 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,431,590 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,889,989 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $654 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $495 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $495 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $230 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $7,726,588 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $8,511,169 |
| Contributions received in cash from employer | 2013-12-31 | $389,293 |
| Income. Dividends from common stock | 2013-12-31 | $136,587 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $189,197 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $13,183 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $13,912 |
| Liabilities. Value of acquisition indebtedness at end of year | 2013-12-31 | $3,295,652 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $3,621,675 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2013-12-31 | 131610809 |
| 2012 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $2,604,926 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $2,604,926 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $3,621,675 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $3,946,538 |
| Expenses. Interest paid | 2012-12-31 | $164,987 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2012-12-31 | $164,987 |
| Total income from all sources (including contributions) | 2012-12-31 | $3,123,915 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $198,269 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $33,282 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $381,036 |
| Value of total assets at end of year | 2012-12-31 | $8,511,664 |
| Value of total assets at beginning of year | 2012-12-31 | $5,910,881 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $100 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $137,853 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $2,300,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $13,870 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $13,870 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $2,925,646 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $4,889,989 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,964,343 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $495 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $97 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $97 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $100 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $8,511,169 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $5,896,914 |
| Contributions received in cash from employer | 2012-12-31 | $381,036 |
| Income. Dividends from common stock | 2012-12-31 | $137,853 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $33,282 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2012-12-31 | $3,621,675 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2012-12-31 | $3,932,668 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2012-12-31 | 131610809 |
| 2011 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-684,120 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-684,120 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $3,946,538 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $4,230,292 |
| Expenses. Interest paid | 2011-12-31 | $178,459 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2011-12-31 | $178,459 |
| Total income from all sources (including contributions) | 2011-12-31 | $-172,966 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $222,534 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $44,075 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $373,011 |
| Value of total assets at end of year | 2011-12-31 | $5,910,881 |
| Value of total assets at beginning of year | 2011-12-31 | $6,590,135 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $5 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $138,138 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $2,300,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $132 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $13,870 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $13,870 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-395,500 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $1,964,343 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,359,843 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $97 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $454 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $454 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $5 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $5,896,914 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $6,589,681 |
| Contributions received in cash from employer | 2011-12-31 | $372,879 |
| Income. Dividends from common stock | 2011-12-31 | $138,138 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $44,075 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $103 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2011-12-31 | $3,932,668 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $4,230,189 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2011-12-31 | 131610809 |
| 2010 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $1,393,417 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $1,393,417 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $4,230,292 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $4,511,895 |
| Expenses. Interest paid | 2010-12-31 | $194,274 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2010-12-31 | $194,274 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,895,859 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $221,654 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $27,380 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $363,611 |
| Value of total assets at end of year | 2010-12-31 | $6,590,135 |
| Value of total assets at beginning of year | 2010-12-31 | $5,197,533 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $8 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $138,823 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $2,300,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,674,205 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,359,843 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $685,638 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $454 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $227 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $227 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $8 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $6,589,681 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $5,196,265 |
| Contributions received in cash from employer | 2010-12-31 | $363,611 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $1,041 |
| Income. Dividends from common stock | 2010-12-31 | $138,823 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $27,380 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $103 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2010-12-31 | $4,230,189 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $4,511,895 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | FRIEDMAN LLP |
| Accountancy firm EIN | 2010-12-31 | 131610809 |
| 2009 : OCEAN CITY HOME BANK EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
