Call reports 2022
SPRING BANK — 2022
What SPRING BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 388,519,000 | 382,465,000 | 369,509,000 | 378,159,000 |
| Total loans | 281,738,000 | 272,885,000 | 280,191,000 | 294,966,000 |
| Allowance for loan losses | 4,437,000 | 4,437,000 | 4,107,000 | 4,195,000 |
| Securities available for sale | 51,890,000 | 68,844,000 | 65,082,000 | 58,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,977,000 | 316,010,000 | 304,182,000 | 286,771,000 |
| Interest-bearing deposits | 260,144,000 | 258,347,000 | 249,413,000 | 243,094,000 |
| Noninterest-bearing deposits | 53,833,000 | 57,663,000 | 54,769,000 | 43,677,000 |
| Equity capital | 42,309,000 | 41,188,000 | 41,195,000 | 42,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,529,000 | 7,268,000 | 11,089,000 | 15,378,000 |
| Interest expense | 510,000 | 1,050,000 | 1,725,000 | 3,048,000 |
| Net interest income | 3,019,000 | 6,218,000 | 9,364,000 | 12,330,000 |
| Noninterest income | 99,000 | 189,000 | 272,000 | 397,000 |
| Noninterest expense | 1,394,000 | 2,801,000 | 4,195,000 | 5,669,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 130,000 |
| Pretax income | 1,724,000 | 3,606,000 | 5,401,000 | 6,928,000 |
| Income tax | 437,000 | 929,000 | 1,399,000 | 1,786,000 |
| Net income | 1,287,000 | 2,677,000 | 4,002,000 | 5,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,880,000 | 43,597,000 | 44,761,000 | 45,742,000 |