Call reports 2014
SQUARE 1 BANK — 2014
What SQUARE 1 BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 2,467,574,000 | 2,744,325,000 | 2,984,292,000 | 3,096,286,000 |
| Total loans | 1,061,287,000 | 1,151,616,000 | 1,271,456,000 | 1,346,449,000 |
| Allowance for loan losses | 19,094,000 | 21,556,000 | 22,816,000 | 22,905,000 |
| Securities available for sale | 980,669,000 | 1,093,684,000 | 1,186,775,000 | 1,294,452,000 |
| Securities held to maturity | 169,520,000 | 210,236,000 | 278,121,000 | 300,425,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,191,410,000 | 2,445,562,000 | 2,668,338,000 | 2,786,475,000 |
| Interest-bearing deposits | 1,857,733,000 | 2,052,236,000 | 2,284,629,000 | 2,500,733,000 |
| Noninterest-bearing deposits | 333,677,000 | 393,326,000 | 383,709,000 | 285,742,000 |
| Equity capital | 254,767,000 | 276,965,000 | 287,559,000 | 294,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 22,821,000 | 47,916,000 | 74,894,000 | 104,665,000 |
| Interest expense | 134,000 | 276,000 | 426,000 | 591,000 |
| Net interest income | 22,687,000 | 47,640,000 | 74,468,000 | 104,074,000 |
| Noninterest income | 7,036,000 | 12,263,000 | 18,026,000 | 24,892,000 |
| Noninterest expense | 15,311,000 | 31,630,000 | 48,229,000 | 65,661,000 |
| Provision for loan losses | 2,964,000 | 6,114,000 | 8,614,000 | 12,614,000 |
| Pretax income | 11,415,000 | 22,164,000 | 35,420,000 | 50,436,000 |
| Income tax | 3,371,000 | 6,698,000 | 10,887,000 | 15,918,000 |
| Net income | 8,044,000 | 15,466,000 | 24,533,000 | 34,518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 252,937,000 | 269,070,000 | 278,730,000 | 286,025,000 |
| Total capital | 272,218,000 | 291,319,000 | 302,576,000 | 309,928,000 |
| Risk-weighted assets | 1,743,761,000 | 1,872,088,000 | 2,080,356,000 | 2,121,898,000 |