Call reports 2020
SILVERGATE BANK — 2020
What SILVERGATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 2,310,078,000 | 2,340,040,000 | 2,620,425,000 | 5,586,115,000 |
| Total loans | 1,120,997,000 | 1,122,147,000 | 1,408,462,000 | 1,619,628,000 |
| Allowance for loan losses | 6,558,000 | 6,763,000 | 6,763,000 | 6,916,000 |
| Securities available for sale | 964,318,000 | 951,094,000 | 944,160,000 | 939,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 3,894,000 | 767,000 |
| Total deposits | 2,016,712,000 | 1,684,012,000 | 2,293,714,000 | 5,250,007,000 |
| Interest-bearing deposits | 257,737,000 | 107,773,000 | 116,781,000 | 114,446,000 |
| Noninterest-bearing deposits | 1,758,975,000 | 1,576,239,000 | 2,176,933,000 | 5,135,561,000 |
| Equity capital | 246,184,000 | 270,115,000 | 286,732,000 | 308,260,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 20,057,000 | 38,065,000 | 57,365,000 | 79,568,000 |
| Interest expense | 4,279,000 | 5,975,000 | 6,096,000 | 6,144,000 |
| Net interest income | 15,778,000 | 32,090,000 | 51,269,000 | 73,424,000 |
| Noninterest income | 3,734,000 | 6,610,000 | 10,551,000 | 15,400,000 |
| Noninterest expense | 13,012,000 | 26,243,000 | 39,780,000 | 56,846,000 |
| Provision for loan losses | 366,000 | 589,000 | 589,000 | 742,000 |
| Pretax income | 7,331,000 | 15,622,000 | 25,205,000 | 34,990,000 |
| Income tax | 2,080,000 | 4,347,000 | 5,937,000 | 6,189,000 |
| Net income | 5,251,000 | 11,275,000 | 19,268,000 | 28,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 230,056,000 | 236,281,000 | 244,533,000 | 261,791,000 |
| Total capital | 236,768,000 | 243,159,000 | 251,444,000 | 268,831,000 |
| Risk-weighted assets | 964,268,000 | 1,006,212,000 | 1,071,527,000 | 1,152,654,000 |