Call reports 2011
SQUARE 1 BANK — 2011
What SQUARE 1 BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,490,076,000 | 1,442,781,000 | 1,560,030,000 | 1,644,372,000 |
| Total loans | 554,778,000 | 627,140,000 | 678,892,000 | 710,904,000 |
| Allowance for loan losses | 10,353,000 | 12,153,000 | 12,141,000 | 11,632,000 |
| Securities available for sale | 752,301,000 | 670,502,000 | 599,500,000 | 679,553,000 |
| Securities held to maturity | 16,391,000 | 16,351,000 | 16,324,000 | 28,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,366,701,000 | 1,316,538,000 | 1,426,554,000 | 1,502,125,000 |
| Interest-bearing deposits | 1,144,457,000 | 1,083,876,000 | 1,274,400,000 | 1,341,635,000 |
| Noninterest-bearing deposits | 222,244,000 | 232,662,000 | 152,154,000 | 160,490,000 |
| Equity capital | 110,987,000 | 115,070,000 | 122,856,000 | 126,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 14,010,000 | 29,188,000 | 44,157,000 | 60,849,000 |
| Interest expense | 298,000 | 520,000 | 720,000 | 860,000 |
| Net interest income | 13,712,000 | 28,668,000 | 43,437,000 | 59,989,000 |
| Noninterest income | 2,157,000 | 4,429,000 | 9,405,000 | 12,301,000 |
| Noninterest expense | 10,947,000 | 22,421,000 | 34,042,000 | 45,874,000 |
| Provision for loan losses | 1,900,000 | 3,700,000 | 5,200,000 | 7,300,000 |
| Pretax income | 2,399,000 | 4,565,000 | 6,610,000 | 10,160,000 |
| Income tax | 873,000 | 1,731,000 | 2,938,000 | 4,303,000 |
| Net income | 1,526,000 | 2,834,000 | 3,672,000 | 5,857,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,280,000 | 126,128,000 | 127,083,000 | 132,557,000 |
| Total capital | 134,633,000 | 137,523,000 | 139,224,000 | 144,189,000 |
| Risk-weighted assets | 905,007,000 | 910,992,000 | 978,239,000 | 971,367,000 |