Call reports 2020
SPIRIT OF TEXAS BANK, SSB — 2020
What SPIRIT OF TEXAS BANK, SSB 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 | 2,543,119,000 | 2,960,011,000 | 2,922,521,000 | 3,085,642,000 |
| Total loans | 2,021,132,000 | 2,435,009,000 | 2,456,673,000 | 2,392,240,000 |
| Allowance for loan losses | 7,627,000 | 9,906,000 | 12,207,000 | 16,026,000 |
| Securities available for sale | 94,963,000 | 90,879,000 | 119,814,000 | 212,420,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,089,838,000 | 2,418,454,000 | 2,315,442,000 | 2,483,483,000 |
| Interest-bearing deposits | 1,590,247,000 | 1,669,346,000 | 1,620,317,000 | 1,731,592,000 |
| Noninterest-bearing deposits | 499,591,000 | 749,108,000 | 695,125,000 | 751,891,000 |
| Equity capital | 341,626,000 | 350,468,000 | 355,672,000 | 368,879,000 |
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 | 28,813,000 | 59,366,000 | 89,841,000 | 123,545,000 |
| Interest expense | 4,991,000 | 9,345,000 | 13,168,000 | 16,361,000 |
| Net interest income | 23,822,000 | 50,021,000 | 76,673,000 | 107,184,000 |
| Noninterest income | 2,712,000 | 5,276,000 | 10,325,000 | 17,749,000 |
| Noninterest expense | 19,849,000 | 35,350,000 | 54,302,000 | 71,870,000 |
| Provision for loan losses | 1,171,000 | 4,009,000 | 6,840,000 | 11,253,000 |
| Pretax income | 5,514,000 | 15,938,000 | 25,856,000 | 42,840,000 |
| Income tax | 529,000 | 2,652,000 | 4,643,000 | 8,107,000 |
| Net income | 4,985,000 | 13,286,000 | 21,213,000 | 34,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,304,000 | 258,077,000 | 266,480,000 | 279,135,000 |
| Total capital | 256,031,000 | 268,344,000 | 278,805,000 | 295,251,000 |
| Risk-weighted assets | 2,065,944,000 | 2,046,422,000 | 2,116,616,000 | 2,271,765,000 |