Call reports 2015
SILVERGATE BANK — 2015
What SILVERGATE 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 | 953,094,000 | 936,512,000 | 889,646,000 | 948,170,000 |
| Total loans | 844,423,000 | 828,505,000 | 793,106,000 | 842,386,000 |
| Allowance for loan losses | 5,340,000 | 5,972,000 | 6,228,000 | 6,900,000 |
| Securities available for sale | 42,783,000 | 48,107,000 | 50,287,000 | 46,653,000 |
| Securities held to maturity | 722,000 | 702,000 | 639,000 | 572,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 535,333,000 | 629,312,000 | 639,379,000 | 634,290,000 |
| Interest-bearing deposits | 442,154,000 | 503,702,000 | 498,329,000 | 514,626,000 |
| Noninterest-bearing deposits | 93,179,000 | 125,610,000 | 141,050,000 | 119,664,000 |
| Equity capital | 76,735,000 | 79,907,000 | 82,043,000 | 83,463,000 |
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 | 8,115,000 | 18,291,000 | 27,287,000 | 36,708,000 |
| Interest expense | 1,250,000 | 2,545,000 | 3,826,000 | 5,175,000 |
| Net interest income | 6,865,000 | 15,746,000 | 23,461,000 | 31,533,000 |
| Noninterest income | 446,000 | 2,924,000 | 4,423,000 | 4,797,000 |
| Noninterest expense | 5,101,000 | 10,718,000 | 15,919,000 | 21,047,000 |
| Provision for loan losses | 319,000 | 980,000 | 1,219,000 | 1,906,000 |
| Pretax income | 1,891,000 | 6,972,000 | 10,746,000 | 13,377,000 |
| Income tax | 741,000 | 2,761,000 | 4,257,000 | 5,235,000 |
| Net income | 1,150,000 | 4,211,000 | 6,489,000 | 8,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,656,000 | 79,768,000 | 82,060,000 | 83,481,000 |
| Total capital | 82,076,000 | 85,817,000 | 88,373,000 | 90,456,000 |
| Risk-weighted assets | 627,728,000 | 608,083,000 | 613,908,000 | 644,122,000 |