Call reports 2018
SILVERGATE BANK — 2018
What SILVERGATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,898,892,000 | 1,720,830,000 | 2,146,523,000 | 1,999,812,000 |
| Total loans | 867,731,000 | 899,138,000 | 880,311,000 | 950,140,000 |
| Allowance for loan losses | 8,317,000 | 8,326,000 | 8,388,000 | 6,723,000 |
| Securities available for sale | 261,416,000 | 256,835,000 | 302,317,000 | 357,178,000 |
| Securities held to maturity | 102,000 | 91,000 | 81,000 | 73,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,737,230,000 | 1,555,069,000 | 1,963,034,000 | 1,797,149,000 |
| Interest-bearing deposits | 288,896,000 | 243,687,000 | 228,736,000 | 201,192,000 |
| Noninterest-bearing deposits | 1,448,334,000 | 1,311,382,000 | 1,734,298,000 | 1,595,957,000 |
| Equity capital | 154,674,000 | 159,475,000 | 176,579,000 | 195,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 15,605,000 | 32,431,000 | 51,131,000 | 72,725,000 |
| Interest expense | 550,000 | 1,007,000 | 1,408,000 | 1,809,000 |
| Net interest income | 15,055,000 | 31,424,000 | 49,723,000 | 70,916,000 |
| Noninterest income | 1,387,000 | 3,334,000 | 5,518,000 | 7,509,000 |
| Noninterest expense | 10,866,000 | 22,310,000 | 33,331,000 | 46,545,000 |
| Provision for loan losses | 143,000 | 148,000 | 148,000 | -1,527,000 |
| Pretax income | 5,433,000 | 12,300,000 | 21,762,000 | 33,407,000 |
| Income tax | 1,509,000 | 3,410,000 | 6,076,000 | 8,859,000 |
| Net income | 3,924,000 | 8,890,000 | 15,686,000 | 24,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,429,000 | 161,473,000 | 178,298,000 | 197,175,000 |
| Total capital | 164,940,000 | 170,005,000 | 186,892,000 | 204,006,000 |
| Risk-weighted assets | 733,463,000 | 800,103,000 | 784,932,000 | 832,720,000 |