Call reports 2015
SQUARE 1 BANK — 2015
What SQUARE 1 BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Total assets | 3,329,180,000 | 3,903,887,000 | 4,032,911,000 |
| Total loans | 1,478,582,000 | 1,516,032,000 | 1,574,537,000 |
| Allowance for loan losses | 24,739,000 | 25,037,000 | 29,238,000 |
| Securities available for sale | 1,292,786,000 | 1,541,215,000 | 1,653,828,000 |
| Securities held to maturity | 365,771,000 | 392,872,000 | 562,837,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 3,010,418,000 | 3,567,572,000 | 3,683,141,000 |
| Interest-bearing deposits | 2,555,547,000 | 2,999,277,000 | 3,089,921,000 |
| Noninterest-bearing deposits | 454,871,000 | 568,295,000 | 593,220,000 |
| Equity capital | 309,410,000 | 317,217,000 | 333,467,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Interest income | 29,429,000 | 61,068,000 | 95,336,000 |
| Interest expense | 256,000 | 448,000 | 605,000 |
| Net interest income | 29,173,000 | 60,620,000 | 94,731,000 |
| Noninterest income | 6,479,000 | 12,875,000 | 20,056,000 |
| Noninterest expense | 17,727,000 | 36,950,000 | 57,335,000 |
| Provision for loan losses | 5,447,000 | 9,205,000 | 13,769,000 |
| Pretax income | 12,274,000 | 28,161,000 | 44,840,000 |
| Income tax | 3,602,000 | 8,844,000 | 11,835,000 |
| Net income | 8,672,000 | 19,317,000 | 33,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Tier 1 capital | 296,669,000 | 308,179,000 | 321,542,000 |
| Total capital | 322,811,000 | 335,229,000 | 352,896,000 |
| Risk-weighted assets | 2,602,801,000 | 2,614,831,000 | 2,728,204,000 |