Call reports 2016
SPRING BANK — 2016
What SPRING BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 227,066,000 | 235,865,000 | 240,722,000 | 237,989,000 |
| Total loans | 194,321,000 | 198,524,000 | 200,350,000 | 197,774,000 |
| Allowance for loan losses | 3,411,000 | 3,395,000 | 3,395,000 | 3,363,000 |
| Securities available for sale | 14,254,000 | 16,151,000 | 15,275,000 | 16,417,000 |
| Securities held to maturity | 3,572,000 | 3,586,000 | 2,485,000 | 994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,211,000 | 191,437,000 | 196,489,000 | 195,850,000 |
| Interest-bearing deposits | 170,688,000 | 175,231,000 | 178,994,000 | 181,064,000 |
| Noninterest-bearing deposits | 13,523,000 | 16,206,000 | 17,495,000 | 14,786,000 |
| Equity capital | 25,131,000 | 25,569,000 | 26,318,000 | 26,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,462,000 | 4,954,000 | 7,539,000 | 10,134,000 |
| Interest expense | 520,000 | 1,068,000 | 1,631,000 | 2,189,000 |
| Net interest income | 1,942,000 | 3,886,000 | 5,908,000 | 7,945,000 |
| Noninterest income | 65,000 | 133,000 | 201,000 | 276,000 |
| Noninterest expense | 956,000 | 1,880,000 | 2,863,000 | 3,900,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 1,017,000 | 2,105,000 | 3,212,000 | 4,287,000 |
| Income tax | 382,000 | 792,000 | 1,214,000 | 1,620,000 |
| Net income | 635,000 | 1,313,000 | 1,998,000 | 2,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,000,000 | 25,391,000 | 26,175,000 | 26,908,000 |
| Total capital | 27,524,000 | 27,980,000 | 28,775,000 | 29,438,000 |
| Risk-weighted assets | 201,086,000 | 206,314,000 | 207,225,000 | 201,592,000 |