Call reports 2019
SPRING BANK — 2019
What SPRING BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 292,330,000 | 300,800,000 | 315,784,000 | 317,101,000 |
| Total loans | 253,370,000 | 258,998,000 | 260,138,000 | 267,788,000 |
| Allowance for loan losses | 3,511,000 | 3,420,000 | 3,465,000 | 3,461,000 |
| Securities available for sale | 14,838,000 | 14,305,000 | 13,719,000 | 14,170,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,517,000 | 237,118,000 | 248,067,000 | 248,203,000 |
| Interest-bearing deposits | 208,374,000 | 211,488,000 | 216,451,000 | 220,819,000 |
| Noninterest-bearing deposits | 21,143,000 | 25,630,000 | 31,616,000 | 27,384,000 |
| Equity capital | 34,275,000 | 34,499,000 | 35,409,000 | 36,457,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,595,000 | 7,366,000 | 11,212,000 | 15,055,000 |
| Interest expense | 1,172,000 | 2,436,000 | 3,740,000 | 5,032,000 |
| Net interest income | 2,423,000 | 4,930,000 | 7,472,000 | 10,023,000 |
| Noninterest income | 87,000 | 176,000 | 255,000 | 324,000 |
| Noninterest expense | 1,184,000 | 2,357,000 | 3,549,000 | 4,739,000 |
| Provision for loan losses | 16,000 | 60,000 | 105,000 | 165,000 |
| Pretax income | 1,310,000 | 2,689,000 | 4,073,000 | 5,443,000 |
| Income tax | 327,000 | 665,000 | 1,013,000 | 1,349,000 |
| Net income | 983,000 | 2,024,000 | 3,060,000 | 4,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,296,000 | 34,425,000 | 35,327,000 | 36,383,000 |
| Total capital | 37,525,000 | 37,730,000 | 38,680,000 | 39,787,000 |
| Risk-weighted assets | 258,075,000 | 264,256,000 | 268,093,000 | 272,256,000 |