Call reports 2015
SPRING BANK — 2015
What SPRING BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 202,244,000 | 203,862,000 | 213,858,000 | 221,791,000 |
| Total loans | 162,677,000 | 168,914,000 | 172,351,000 | 188,702,000 |
| Allowance for loan losses | 3,178,000 | 3,198,000 | 3,291,000 | 3,381,000 |
| Securities available for sale | 19,923,000 | 18,526,000 | 16,800,000 | 16,234,000 |
| Securities held to maturity | 3,283,000 | 3,279,000 | 3,289,000 | 3,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,077,000 | 168,055,000 | 174,357,000 | 177,748,000 |
| Interest-bearing deposits | 155,876,000 | 155,862,000 | 159,230,000 | 164,693,000 |
| Noninterest-bearing deposits | 12,201,000 | 12,193,000 | 15,127,000 | 13,055,000 |
| Equity capital | 22,802,000 | 23,127,000 | 23,795,000 | 24,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,170,000 | 4,396,000 | 6,679,000 | 9,049,000 |
| Interest expense | 410,000 | 828,000 | 1,284,000 | 1,779,000 |
| Net interest income | 1,760,000 | 3,568,000 | 5,395,000 | 7,270,000 |
| Noninterest income | 74,000 | 150,000 | 216,000 | 285,000 |
| Noninterest expense | 838,000 | 1,699,000 | 2,632,000 | 3,610,000 |
| Provision for loan losses | 0 | 20,000 | 70,000 | 160,000 |
| Pretax income | 996,000 | 1,999,000 | 2,924,000 | 3,800,000 |
| Income tax | 374,000 | 751,000 | 1,098,000 | 1,425,000 |
| Net income | 622,000 | 1,248,000 | 1,826,000 | 2,375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,694,000 | 23,097,000 | 23,697,000 | 24,260,000 |
| Total capital | 24,787,000 | 25,310,000 | 25,995,000 | 26,732,000 |
| Risk-weighted assets | 166,357,000 | 176,026,000 | 182,880,000 | 196,826,000 |