Call reports 2021
SPRING BANK — 2021
What SPRING BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 359,450,000 | 370,618,000 | 373,319,000 | 368,811,000 |
| Total loans | 299,502,000 | 295,544,000 | 286,096,000 | 287,023,000 |
| Allowance for loan losses | 4,464,000 | 4,464,000 | 4,464,000 | 4,437,000 |
| Securities available for sale | 17,386,000 | 22,402,000 | 26,982,000 | 35,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,402,000 | 292,108,000 | 298,905,000 | 294,644,000 |
| Interest-bearing deposits | 237,482,000 | 241,694,000 | 248,425,000 | 250,103,000 |
| Noninterest-bearing deposits | 44,920,000 | 50,414,000 | 50,480,000 | 44,541,000 |
| Equity capital | 41,306,000 | 41,597,000 | 41,299,000 | 42,249,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,590,000 | 7,187,000 | 10,966,000 | 14,510,000 |
| Interest expense | 677,000 | 1,294,000 | 1,877,000 | 2,409,000 |
| Net interest income | 2,913,000 | 5,893,000 | 9,089,000 | 12,101,000 |
| Noninterest income | 81,000 | 168,000 | 265,000 | 363,000 |
| Noninterest expense | 1,322,000 | 2,648,000 | 4,188,000 | 5,616,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 75,000 |
| Pretax income | 1,597,000 | 3,338,000 | 5,091,000 | 6,773,000 |
| Income tax | 390,000 | 843,000 | 1,300,000 | 1,739,000 |
| Net income | 1,207,000 | 2,495,000 | 3,791,000 | 5,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,216,000 | 41,504,000 | 41,333,000 | 42,535,000 |