Call reports 2022
SILVERGATE BANK — 2022
What SILVERGATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 15,606,256,000 | 15,706,279,000 | 15,269,256,000 | 11,353,376,000 |
| Total loans | 1,680,595,000 | 1,471,169,000 | 1,395,606,000 | 592,812,000 |
| Allowance for loan losses | 4,442,000 | 4,442,000 | 3,176,000 | 2,638,000 |
| Securities available for sale | 9,463,494,000 | 8,686,307,000 | 8,317,247,000 | 5,732,539,000 |
| Securities held to maturity | 2,751,625,000 | 3,131,321,000 | 3,104,556,000 | 0 |
| Trading assets | 12,777,000 | 23,890,000 | 3,701,000 | 15,335,000 |
| Total deposits | 13,416,882,000 | 13,512,395,000 | 13,277,731,000 | 6,343,796,000 |
| Interest-bearing deposits | 72,627,000 | 64,703,000 | 1,232,707,000 | 2,444,003,000 |
| Noninterest-bearing deposits | 13,344,255,000 | 13,447,692,000 | 12,045,024,000 | 3,899,793,000 |
| Equity capital | 1,351,344,000 | 1,234,456,000 | 1,111,577,000 | 571,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 50,833,000 | 122,416,000 | 213,175,000 | 327,288,000 |
| Interest expense | 91,000 | 889,000 | 10,510,000 | 70,661,000 |
| Net interest income | 50,742,000 | 121,527,000 | 202,665,000 | 256,627,000 |
| Noninterest income | 10,055,000 | 19,468,000 | 27,977,000 | 25,954,000 |
| Noninterest expense | 25,638,000 | 51,838,000 | 82,874,000 | 122,766,000 |
| Provision for loan losses | -2,474,000 | -2,474,000 | -3,075,000 | -3,577,000 |
| Pretax income | 37,028,000 | 90,827,000 | 150,039,000 | -722,792,000 |
| Income tax | 7,252,000 | 18,626,000 | 32,901,000 | 6,678,000 |
| Net income | 29,776,000 | 72,201,000 | 117,138,000 | -729,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,577,197,000 | 1,620,642,000 | 1,631,662,000 | 771,154,000 |
| Total capital | 1,583,234,000 | 1,625,105,000 | 1,634,856,000 | 773,825,000 |
| Risk-weighted assets | 3,561,616,000 | 3,592,243,000 | 3,590,399,000 | 1,443,536,000 |