Call reports 2015
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK — 2015
What SEVERN SAVINGS BANK, FSB DBA SEVERN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 778,477,000 | 778,630,000 | 770,687,000 | 758,758,000 |
| Total loans | 639,321,000 | 623,328,000 | 608,718,000 | 610,300,000 |
| Allowance for loan losses | 8,877,000 | 8,856,000 | 8,601,000 | 8,719,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 57,919,000 | 76,824,000 | 76,951,000 | 76,133,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 552,925,000 | 551,565,000 | 541,344,000 | 528,318,000 |
| Interest-bearing deposits | 520,283,000 | 517,226,000 | 507,501,000 | 495,468,000 |
| Noninterest-bearing deposits | 32,642,000 | 34,339,000 | 33,843,000 | 32,850,000 |
| Equity capital | 108,558,000 | 110,289,000 | 111,884,000 | 113,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,839,000 | 15,601,000 | 23,516,000 | 31,081,000 |
| Interest expense | 1,896,000 | 3,818,000 | 5,762,000 | 7,670,000 |
| Net interest income | 5,943,000 | 11,783,000 | 17,754,000 | 23,411,000 |
| Noninterest income | 1,028,000 | 3,387,000 | 4,792,000 | 6,132,000 |
| Noninterest expense | 5,629,000 | 11,962,000 | 17,690,000 | 23,707,000 |
| Provision for loan losses | 100,000 | 200,000 | 200,000 | -230,000 |
| Pretax income | 1,242,000 | 3,008,000 | 4,656,000 | 6,066,000 |
| Income tax | 0 | 35,000 | 87,000 | 89,000 |
| Net income | 1,242,000 | 2,973,000 | 4,569,000 | 5,977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,224,000 | 109,955,000 | 111,550,000 | 112,959,000 |
| Total capital | 115,157,000 | 117,139,000 | 118,868,000 | 120,193,000 |
| Risk-weighted assets | 552,597,000 | 572,911,000 | 583,884,000 | 577,100,000 |