Call reports 2017
SPRING BANK — 2017
What SPRING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 161,005,000 | 171,852,000 | 177,442,000 | 187,522,000 |
| Total loans | 134,188,000 | 139,878,000 | 142,093,000 | 154,183,000 |
| Allowance for loan losses | 1,281,000 | 1,351,000 | 1,462,000 | 1,522,000 |
| Securities available for sale | 14,095,000 | 14,249,000 | 24,772,000 | 24,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,098,000 | 151,287,000 | 156,502,000 | 166,382,000 |
| Interest-bearing deposits | 119,309,000 | 125,838,000 | 130,551,000 | 141,950,000 |
| Noninterest-bearing deposits | 21,789,000 | 25,449,000 | 25,951,000 | 24,432,000 |
| Equity capital | 19,140,000 | 19,846,000 | 20,194,000 | 20,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,680,000 | 5,330,000 | 7,951,000 | 10,635,000 |
| Interest expense | 373,000 | 764,000 | 1,180,000 | 1,629,000 |
| Net interest income | 2,307,000 | 4,566,000 | 6,771,000 | 9,006,000 |
| Noninterest income | 81,000 | 203,000 | 259,000 | 664,000 |
| Noninterest expense | 1,251,000 | 2,530,000 | 3,938,000 | 5,391,000 |
| Provision for loan losses | 239,000 | 317,000 | 455,000 | 1,274,000 |
| Pretax income | 898,000 | 1,922,000 | 2,637,000 | 3,005,000 |
| Income tax | 365,000 | 731,000 | 993,000 | 1,418,000 |
| Net income | 533,000 | 1,191,000 | 1,644,000 | 1,587,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,125,000 | 19,791,000 | 20,287,000 | 20,722,000 |
| Total capital | 20,406,000 | 21,142,000 | 21,749,000 | 22,244,000 |
| Risk-weighted assets | 109,803,000 | 122,747,000 | 127,740,000 | 138,605,000 |