Call reports 2015
SPRING BANK — 2015
What SPRING 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 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 118,155,000 | 119,821,000 | 130,282,000 | 142,728,000 |
| Total loans | 89,772,000 | 96,176,000 | 110,879,000 | 116,322,000 |
| Allowance for loan losses | 1,044,000 | 1,043,000 | 1,038,000 | 843,000 |
| Securities available for sale | 10,855,000 | 10,683,000 | 10,012,000 | 9,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,568,000 | 103,921,000 | 113,800,000 | 125,522,000 |
| Interest-bearing deposits | 91,822,000 | 89,907,000 | 99,298,000 | 107,889,000 |
| Noninterest-bearing deposits | 10,746,000 | 14,014,000 | 14,502,000 | 17,633,000 |
| Equity capital | 15,071,000 | 15,403,000 | 15,937,000 | 16,633,000 |
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 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,654,000 | 3,224,000 | 5,010,000 | 6,981,000 |
| Interest expense | 256,000 | 529,000 | 830,000 | 1,150,000 |
| Net interest income | 1,398,000 | 2,695,000 | 4,180,000 | 5,831,000 |
| Noninterest income | 426,000 | 762,000 | 908,000 | 1,085,000 |
| Noninterest expense | 1,144,000 | 2,271,000 | 3,358,000 | 4,469,000 |
| Provision for loan losses | 0 | 0 | 0 | 39,000 |
| Pretax income | 680,000 | 1,186,000 | 1,730,000 | 2,408,000 |
| Income tax | 68,000 | 112,000 | 205,000 | 337,000 |
| Net income | 612,000 | 1,074,000 | 1,525,000 | 2,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,713,000 | 15,170,000 | 15,849,000 | 16,603,000 |
| Total capital | 15,693,000 | 16,197,000 | 16,887,000 | 17,446,000 |
| Risk-weighted assets | 78,379,000 | 82,149,000 | 93,797,000 | 100,623,000 |