Call reports 2017
SPRING BANK — 2017
What SPRING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 246,849,000 | 256,264,000 | 264,998,000 | 267,893,000 |
| Total loans | 205,679,000 | 220,521,000 | 221,695,000 | 228,653,000 |
| Allowance for loan losses | 3,363,000 | 3,363,000 | 3,363,000 | 3,383,000 |
| Securities available for sale | 18,093,000 | 17,729,000 | 16,696,000 | 16,780,000 |
| Securities held to maturity | 999,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,237,000 | 208,526,000 | 216,127,000 | 218,909,000 |
| Interest-bearing deposits | 188,536,000 | 189,712,000 | 196,846,000 | 196,554,000 |
| Noninterest-bearing deposits | 13,701,000 | 18,814,000 | 19,281,000 | 22,355,000 |
| Equity capital | 27,731,000 | 28,215,000 | 29,099,000 | 29,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,602,000 | 5,399,000 | 8,357,000 | 11,376,000 |
| Interest expense | 569,000 | 1,184,000 | 1,863,000 | 2,579,000 |
| Net interest income | 2,033,000 | 4,215,000 | 6,494,000 | 8,797,000 |
| Noninterest income | 82,000 | 158,000 | 241,000 | 326,000 |
| Noninterest expense | 981,000 | 1,999,000 | 3,040,000 | 4,122,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 1,134,000 | 2,374,000 | 3,695,000 | 4,981,000 |
| Income tax | 431,000 | 898,000 | 1,402,000 | 2,313,000 |
| Net income | 703,000 | 1,476,000 | 2,293,000 | 2,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,741,000 | 28,172,000 | 29,054,000 | 29,476,000 |
| Total capital | 30,358,000 | 30,953,000 | 31,874,000 | 32,382,000 |
| Risk-weighted assets | 208,620,000 | 221,883,000 | 225,084,000 | 232,045,000 |