Call reports 2024
SILVERGATE BANK — 2024
What SILVERGATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Total assets | 257,237,000 | 202,286,000 |
| Total loans | 0 | 0 |
| Allowance for loan losses | 0 | 0 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 2,000 | 0 |
| Interest-bearing deposits | 2,000 | 0 |
| Noninterest-bearing deposits | 0 | 0 |
| Equity capital | 177,313,000 | 139,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Interest income | 1,981,000 | 2,112,000 |
| Interest expense | 0 | 0 |
| Net interest income | 1,981,000 | 2,112,000 |
| Noninterest income | 3,000 | 5,003,000 |
| Noninterest expense | 38,731,000 | 81,793,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | -36,747,000 | -74,678,000 |
| Income tax | -4,000 | -5,000 |
| Net income | -36,743,000 | -74,673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Tier 1 capital | 177,313,000 | 139,402,000 |
| Total capital | 177,313,000 | 139,402,000 |
| Risk-weighted assets | 52,825,000 | 40,385,000 |