Call reports 2018
SPRING BANK — 2018
What SPRING BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 268,798,000 | 273,993,000 | 283,867,000 | 290,461,000 |
| Total loans | 231,940,000 | 231,741,000 | 245,029,000 | 248,331,000 |
| Allowance for loan losses | 3,428,000 | 3,443,000 | 3,465,000 | 3,495,000 |
| Securities available for sale | 16,076,000 | 15,484,000 | 15,483,000 | 15,651,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,154,000 | 220,906,000 | 225,526,000 | 233,174,000 |
| Interest-bearing deposits | 199,913,000 | 199,839,000 | 202,275,000 | 206,992,000 |
| Noninterest-bearing deposits | 17,241,000 | 21,067,000 | 23,251,000 | 26,182,000 |
| Equity capital | 30,595,000 | 31,127,000 | 31,954,000 | 33,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,068,000 | 6,263,000 | 9,639,000 | 13,281,000 |
| Interest expense | 767,000 | 1,620,000 | 2,580,000 | 3,665,000 |
| Net interest income | 2,301,000 | 4,643,000 | 7,059,000 | 9,616,000 |
| Noninterest income | 83,000 | 169,000 | 263,000 | 371,000 |
| Noninterest expense | 1,079,000 | 2,175,000 | 3,306,000 | 4,489,000 |
| Provision for loan losses | 45,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,260,000 | 2,577,000 | 3,926,000 | 5,378,000 |
| Income tax | 335,000 | 687,000 | 1,048,000 | 1,436,000 |
| Net income | 925,000 | 1,890,000 | 2,878,000 | 3,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,747,000 | 31,311,000 | 32,186,000 | 33,276,000 |
| Total capital | 33,694,000 | 34,231,000 | 35,265,000 | 36,418,000 |
| Risk-weighted assets | 235,257,000 | 233,117,000 | 245,922,000 | 251,004,000 |