Call reports 2021
SILVERGATE BANK — 2021
What SILVERGATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 7,756,568,000 | 12,297,193,000 | 12,775,983,000 | 16,004,847,000 |
| Total loans | 1,632,533,000 | 1,495,648,000 | 1,635,107,000 | 1,787,414,000 |
| Allowance for loan losses | 6,916,000 | 6,916,000 | 6,916,000 | 6,916,000 |
| Securities available for sale | 1,717,417,000 | 6,176,778,000 | 7,234,216,000 | 8,625,259,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,081,000 | 33,136,000 | 7,891,000 | 52,885,000 |
| Total deposits | 7,015,040,000 | 11,385,997,000 | 11,721,885,000 | 14,375,364,000 |
| Interest-bearing deposits | 113,090,000 | 80,918,000 | 76,202,000 | 77,156,000 |
| Noninterest-bearing deposits | 6,901,950,000 | 11,305,079,000 | 11,645,683,000 | 14,298,208,000 |
| Equity capital | 716,341,000 | 880,264,000 | 1,028,621,000 | 1,539,912,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 23,301,000 | 53,967,000 | 91,899,000 | 130,377,000 |
| Interest expense | 45,000 | 81,000 | 107,000 | 134,000 |
| Net interest income | 23,256,000 | 53,886,000 | 91,792,000 | 130,243,000 |
| Noninterest income | 8,090,000 | 20,159,000 | 29,020,000 | 40,018,000 |
| Noninterest expense | 18,979,000 | 39,427,000 | 60,842,000 | 85,291,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 12,367,000 | 34,618,000 | 65,152,000 | 90,208,000 |
| Income tax | -1,015,000 | -601,000 | 5,627,000 | 8,237,000 |
| Net income | 13,382,000 | 35,219,000 | 59,525,000 | 81,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 685,463,000 | 858,796,000 | 1,023,689,000 | 1,546,693,000 |
| Total capital | 692,679,000 | 865,964,000 | 1,030,839,000 | 1,554,230,000 |
| Risk-weighted assets | 1,287,420,000 | 2,019,988,000 | 2,280,558,000 | 2,870,269,000 |