Call reports 2012
SILVERGATE BANK — 2012
What SILVERGATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 535,008,000 | 560,480,000 | 630,008,000 | 684,387,000 |
| Total loans | 432,487,000 | 458,332,000 | 518,202,000 | 570,506,000 |
| Allowance for loan losses | 3,624,000 | 3,846,000 | 3,973,000 | 4,016,000 |
| Securities available for sale | 33,538,000 | 31,436,000 | 29,968,000 | 28,375,000 |
| Securities held to maturity | 38,651,000 | 36,431,000 | 34,005,000 | 30,982,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,196,000 | 366,805,000 | 407,644,000 | 490,545,000 |
| Interest-bearing deposits | 295,392,000 | 327,174,000 | 359,932,000 | 438,254,000 |
| Noninterest-bearing deposits | 34,804,000 | 39,631,000 | 47,712,000 | 52,291,000 |
| Equity capital | 65,221,000 | 66,637,000 | 69,190,000 | 70,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 6,205,000 | 12,678,000 | 19,546,000 | 26,896,000 |
| Interest expense | 1,042,000 | 2,178,000 | 3,380,000 | 4,722,000 |
| Net interest income | 5,163,000 | 10,500,000 | 16,166,000 | 22,174,000 |
| Noninterest income | 299,000 | 1,642,000 | 4,962,000 | 7,979,000 |
| Noninterest expense | 3,689,000 | 7,804,000 | 12,625,000 | 17,280,000 |
| Provision for loan losses | 50,000 | 100,000 | 250,000 | 300,000 |
| Pretax income | 1,723,000 | 4,238,000 | 8,253,000 | 12,573,000 |
| Income tax | 694,000 | 1,749,000 | 3,405,000 | 5,183,000 |
| Net income | 1,029,000 | 2,489,000 | 4,848,000 | 7,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,810,000 | 66,437,000 | 68,809,000 | 69,676,000 |
| Total capital | 68,434,000 | 70,283,000 | 72,782,000 | 73,692,000 |
| Risk-weighted assets | 394,118,000 | 408,235,000 | 441,910,000 | 469,984,000 |