FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

SPRING BANK — 2024Q1

The 22 measures SPRING BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/19be7cd7-bca8-4f28-a84f-055295821974/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets378,005,000USDevidence →
Total loans290,167,000USDevidence →
Allowance for loan losses4,215,000USDevidence →
Securities available for sale37,397,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits277,071,000USDevidence →
Interest-bearing deposits239,565,000USDevidence →
Noninterest-bearing deposits37,506,000USDevidence →
Equity capital45,239,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income5,201,000USDevidence →
Interest expense2,590,000USDevidence →
Net interest income2,611,000USDevidence →
Noninterest income116,000USDevidence →
Noninterest expense1,639,000USDevidence →
Provision for loan losses-180,000USDevidence →
Pretax income1,088,000USDevidence →
Income tax206,000USDevidence →
Net income882,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital48,385,000USDevidence →