Call reports 2019
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK — 2019
What SEVERN SAVINGS BANK, FSB DBA SEVERN 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 | 881,327,000 | 858,410,000 | 822,364,000 | 823,555,000 |
| Total loans | 679,634,000 | 696,332,000 | 677,389,000 | 655,531,000 |
| Allowance for loan losses | 8,049,000 | 8,056,000 | 7,395,000 | 7,101,000 |
| Securities available for sale | 10,992,000 | 11,031,000 | 9,029,000 | 12,906,000 |
| Securities held to maturity | 35,793,000 | 33,561,000 | 30,300,000 | 25,958,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 713,275,000 | 688,773,000 | 660,933,000 | 665,151,000 |
| Interest-bearing deposits | 595,464,000 | 556,103,000 | 531,155,000 | 542,249,000 |
| Noninterest-bearing deposits | 117,811,000 | 132,669,000 | 129,777,000 | 122,901,000 |
| Equity capital | 118,133,000 | 119,939,000 | 121,678,000 | 118,712,000 |
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 | 10,528,000 | 20,735,000 | 30,571,000 | 39,744,000 |
| Interest expense | 2,176,000 | 4,283,000 | 6,213,000 | 8,238,000 |
| Net interest income | 8,352,000 | 16,452,000 | 24,358,000 | 31,506,000 |
| Noninterest income | 1,757,000 | 3,931,000 | 6,137,000 | 8,341,000 |
| Noninterest expense | 6,187,000 | 13,280,000 | 20,440,000 | 27,872,000 |
| Provision for loan losses | 0 | 0 | -500,000 | -500,000 |
| Pretax income | 3,922,000 | 7,103,000 | 10,555,000 | 12,475,000 |
| Income tax | 991,000 | 1,783,000 | 2,706,000 | 3,251,000 |
| Net income | 2,931,000 | 5,320,000 | 7,849,000 | 9,224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,014,000 | 118,722,000 | 120,432,000 | 117,492,000 |
| Total capital | 125,163,000 | 126,919,000 | 127,839,000 | 124,619,000 |
| Risk-weighted assets | 651,845,000 | 660,548,000 | 650,315,000 | 635,934,000 |