Call reports 2016
SPRING BANK — 2016
What SPRING BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 139,932,000 | 144,073,000 | 157,170,000 | 160,970,000 |
| Total loans | 116,005,000 | 121,124,000 | 131,722,000 | 132,198,000 |
| Allowance for loan losses | 944,000 | 1,049,000 | 1,043,000 | 1,041,000 |
| Securities available for sale | 9,022,000 | 9,522,000 | 10,100,000 | 14,181,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,947,000 | 125,869,000 | 138,533,000 | 141,850,000 |
| Interest-bearing deposits | 104,813,000 | 106,434,000 | 119,023,000 | 121,262,000 |
| Noninterest-bearing deposits | 17,134,000 | 19,435,000 | 19,510,000 | 20,588,000 |
| Equity capital | 17,316,000 | 17,671,000 | 18,102,000 | 18,533,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,954,000 | 3,936,000 | 5,987,000 | 8,096,000 |
| Interest expense | 326,000 | 641,000 | 976,000 | 1,347,000 |
| Net interest income | 1,628,000 | 3,295,000 | 5,011,000 | 6,749,000 |
| Noninterest income | 572,000 | 687,000 | 788,000 | 992,000 |
| Noninterest expense | 1,127,000 | 2,315,000 | 3,519,000 | 4,783,000 |
| Provision for loan losses | 105,000 | 213,000 | 213,000 | 217,000 |
| Pretax income | 968,000 | 1,454,000 | 2,067,000 | 2,741,000 |
| Income tax | 376,000 | 517,000 | 731,000 | 973,000 |
| Net income | 592,000 | 937,000 | 1,336,000 | 1,768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,162,000 | 17,529,000 | 17,934,000 | 18,616,000 |
| Total capital | 18,106,000 | 18,578,000 | 18,976,000 | 19,657,000 |
| Risk-weighted assets | 99,275,000 | 100,964,000 | 109,411,000 | 110,051,000 |