Call reports 2013
SPRING BANK — 2013
What SPRING BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 166,558,000 | 169,401,000 | 179,905,000 | 186,996,000 |
| Total loans | 132,067,000 | 137,930,000 | 140,759,000 | 148,670,000 |
| Allowance for loan losses | 2,044,000 | 2,209,000 | 2,472,000 | 2,445,000 |
| Securities available for sale | 8,008,000 | 10,861,000 | 13,804,000 | 15,785,000 |
| Securities held to maturity | 3,286,000 | 3,284,000 | 3,279,000 | 3,277,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,248,000 | 149,462,000 | 159,711,000 | 163,750,000 |
| Interest-bearing deposits | 138,775,000 | 141,409,000 | 148,890,000 | 153,722,000 |
| Noninterest-bearing deposits | 8,473,000 | 8,053,000 | 10,821,000 | 10,028,000 |
| Equity capital | 18,895,000 | 19,239,000 | 19,500,000 | 20,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,900,000 | 3,845,000 | 5,809,000 | 7,910,000 |
| Interest expense | 355,000 | 706,000 | 1,056,000 | 1,417,000 |
| Net interest income | 1,545,000 | 3,139,000 | 4,753,000 | 6,493,000 |
| Noninterest income | 71,000 | 144,000 | -93,000 | -17,000 |
| Noninterest expense | 726,000 | 1,524,000 | 2,216,000 | 2,946,000 |
| Provision for loan losses | 375,000 | 540,000 | 820,000 | 1,025,000 |
| Pretax income | 548,000 | 1,252,000 | 1,657,000 | 2,538,000 |
| Income tax | 205,000 | 471,000 | 620,000 | 952,000 |
| Net income | 343,000 | 781,000 | 1,037,000 | 1,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,859,000 | 19,314,000 | 19,582,000 | 20,143,000 |
| Total capital | 20,538,000 | 21,068,000 | 21,360,000 | 21,996,000 |
| Risk-weighted assets | 133,950,000 | 139,839,000 | 141,513,000 | 147,687,000 |