Call reports 2022
SPRING BANK — 2022
What SPRING BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 293,689,000 | 355,827,000 | 347,150,000 | 351,888,000 |
| Total loans | 212,154,000 | 215,646,000 | 205,183,000 | 208,502,000 |
| Allowance for loan losses | 1,890,000 | 1,857,000 | 1,862,000 | 2,092,000 |
| Securities available for sale | 44,396,000 | 45,477,000 | 72,720,000 | 91,612,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,227,000 | 290,467,000 | 291,669,000 | 306,902,000 |
| Interest-bearing deposits | 164,426,000 | 157,151,000 | 159,428,000 | 173,839,000 |
| Noninterest-bearing deposits | 60,801,000 | 133,316,000 | 132,241,000 | 133,063,000 |
| Equity capital | 29,280,000 | 39,122,000 | 38,348,000 | 38,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,012,000 | 6,341,000 | 10,864,000 | 15,950,000 |
| Interest expense | 377,000 | 751,000 | 1,286,000 | 2,119,000 |
| Net interest income | 2,635,000 | 5,590,000 | 9,578,000 | 13,831,000 |
| Noninterest income | 325,000 | 612,000 | 725,000 | 1,005,000 |
| Noninterest expense | 2,193,000 | 4,129,000 | 6,017,000 | 7,543,000 |
| Provision for loan losses | 150,000 | 150,000 | 189,000 | 450,000 |
| Pretax income | 617,000 | 1,923,000 | 4,097,000 | 6,843,000 |
| Income tax | 133,000 | 412,000 | 881,000 | 1,761,000 |
| Net income | 484,000 | 1,511,000 | 3,216,000 | 5,082,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,319,000 | 41,100,000 | 41,659,000 | 41,925,000 |