Call reports 2019
SILVERGATE BANK — 2019
What SILVERGATE 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 | 1,887,127,000 | 2,238,361,000 | 2,133,337,000 | 2,127,181,000 |
| Total loans | 852,234,000 | 927,292,000 | 1,009,591,000 | 1,046,735,000 |
| Allowance for loan losses | 6,990,000 | 7,049,000 | 6,191,000 | 6,191,000 |
| Securities available for sale | 462,330,000 | 920,481,000 | 909,917,000 | 897,766,000 |
| Securities held to maturity | 71,000 | 63,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,611,479,000 | 1,950,645,000 | 1,859,087,000 | 1,833,731,000 |
| Interest-bearing deposits | 146,573,000 | 388,764,000 | 453,662,000 | 470,988,000 |
| Noninterest-bearing deposits | 1,464,906,000 | 1,561,881,000 | 1,405,425,000 | 1,362,743,000 |
| Equity capital | 206,081,000 | 220,492,000 | 236,951,000 | 231,447,000 |
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 | 20,056,000 | 39,520,000 | 60,901,000 | 81,006,000 |
| Interest expense | 417,000 | 1,994,000 | 4,616,000 | 8,783,000 |
| Net interest income | 19,639,000 | 37,526,000 | 56,285,000 | 72,223,000 |
| Noninterest income | 7,871,000 | 10,026,000 | 12,640,000 | 14,951,000 |
| Noninterest expense | 12,828,000 | 25,104,000 | 37,250,000 | 50,362,000 |
| Provision for loan losses | 267,000 | 419,000 | -439,000 | -439,000 |
| Pretax income | 14,415,000 | 22,029,000 | 32,098,000 | 37,975,000 |
| Income tax | 4,251,000 | 6,166,000 | 9,032,000 | 10,721,000 |
| Net income | 10,164,000 | 15,863,000 | 23,066,000 | 27,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 207,358,000 | 213,088,000 | 220,308,000 | 224,605,000 |
| Total capital | 214,433,000 | 220,233,000 | 226,613,000 | 230,917,000 |
| Risk-weighted assets | 744,795,000 | 864,143,000 | 906,440,000 | 914,742,000 |