Call reports 2020
SPRING BANK — 2020
What SPRING BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 212,593,000 | 341,482,000 | 324,966,000 | 334,140,000 |
| Total loans | 155,953,000 | 235,062,000 | 234,013,000 | 232,458,000 |
| Allowance for loan losses | 1,258,000 | 1,817,000 | 1,815,000 | 1,880,000 |
| Securities available for sale | 36,431,000 | 33,555,000 | 36,283,000 | 32,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,365,000 | 222,311,000 | 205,353,000 | 216,644,000 |
| Interest-bearing deposits | 149,656,000 | 161,983,000 | 155,545,000 | 166,757,000 |
| Noninterest-bearing deposits | 30,709,000 | 60,328,000 | 49,808,000 | 49,887,000 |
| Equity capital | 25,984,000 | 26,431,000 | 26,892,000 | 27,635,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,809,000 | 5,871,000 | 8,974,000 | 12,069,000 |
| Interest expense | 616,000 | 1,235,000 | 1,834,000 | 2,378,000 |
| Net interest income | 2,193,000 | 4,636,000 | 7,140,000 | 9,691,000 |
| Noninterest income | 70,000 | -88,000 | -1,000 | 275,000 |
| Noninterest expense | 1,688,000 | 3,187,000 | 4,973,000 | 6,728,000 |
| Provision for loan losses | 16,000 | 605,000 | 618,000 | 687,000 |
| Pretax income | 559,000 | 756,000 | 1,548,000 | 2,551,000 |
| Income tax | 135,000 | 364,000 | 597,000 | 556,000 |
| Net income | 424,000 | 392,000 | 951,000 | 1,995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,787,000 | 25,765,000 | 26,324,000 | 27,100,000 |