Call reports 2012
SPRING BANK — 2012
What SPRING BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 68,208,000 | 72,877,000 | 81,339,000 | 88,857,000 |
| Total loans | 50,301,000 | 53,682,000 | 62,244,000 | 66,921,000 |
| Allowance for loan losses | 598,000 | 672,000 | 785,000 | 818,000 |
| Securities available for sale | 6,527,000 | 11,751,000 | 10,077,000 | 11,816,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,830,000 | 62,887,000 | 70,683,000 | 78,042,000 |
| Interest-bearing deposits | 53,331,000 | 55,913,000 | 64,444,000 | 70,058,000 |
| Noninterest-bearing deposits | 5,499,000 | 6,974,000 | 6,239,000 | 7,984,000 |
| Equity capital | 8,635,000 | 9,169,000 | 9,752,000 | 10,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,372,000 | 2,388,000 | 3,536,000 | 4,723,000 |
| Interest expense | 178,000 | 364,000 | 557,000 | 747,000 |
| Net interest income | 1,194,000 | 2,024,000 | 2,979,000 | 3,976,000 |
| Noninterest income | 361,000 | 1,138,000 | 1,962,000 | 2,693,000 |
| Noninterest expense | 1,027,000 | 2,099,000 | 3,244,000 | 4,575,000 |
| Provision for loan losses | 0 | 76,000 | 190,000 | 223,000 |
| Pretax income | 528,000 | 987,000 | 1,507,000 | 1,871,000 |
| Income tax | 6,000 | 15,000 | 20,000 | 22,000 |
| Net income | 522,000 | 972,000 | 1,487,000 | 1,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,780,000 | 8,222,000 | 8,724,000 | 9,295,000 |
| Total capital | 8,303,000 | 8,787,000 | 9,361,000 | 9,975,000 |
| Risk-weighted assets | 41,781,000 | 45,107,000 | 50,842,000 | 54,111,000 |