Call reports 2012
SOVEREIGN BANK — 2012
What SOVEREIGN BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 885,891,000 | 914,313,000 | 941,495,000 | 1,062,584,000 |
| Total loans | 572,118,000 | 609,132,000 | 592,835,000 | 578,706,000 |
| Allowance for loan losses | 9,045,000 | 9,870,000 | 11,641,000 | 11,861,000 |
| Securities available for sale | 279,078,000 | 261,415,000 | 322,325,000 | 357,697,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 698,683,000 | 710,730,000 | 773,587,000 | 848,483,000 |
| Interest-bearing deposits | 583,436,000 | 598,416,000 | 642,047,000 | 694,954,000 |
| Noninterest-bearing deposits | 115,247,000 | 112,315,000 | 131,539,000 | 153,529,000 |
| Equity capital | 106,934,000 | 108,554,000 | 111,014,000 | 111,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,592,000 | 19,554,000 | 29,527,000 | 39,615,000 |
| Interest expense | 2,222,000 | 4,433,000 | 6,734,000 | 8,990,000 |
| Net interest income | 7,370,000 | 15,121,000 | 22,793,000 | 30,625,000 |
| Noninterest income | 180,000 | 652,000 | 1,556,000 | 1,947,000 |
| Noninterest expense | 7,834,000 | 14,207,000 | 20,598,000 | 26,473,000 |
| Provision for loan losses | 500,000 | 1,500,000 | 3,250,000 | 3,250,000 |
| Pretax income | 1,092,000 | 2,813,000 | 4,393,000 | 6,741,000 |
| Income tax | 219,000 | 564,000 | 682,000 | 1,075,000 |
| Net income | 873,000 | 2,249,000 | 3,711,000 | 5,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,881,000 | 103,258,000 | 104,719,000 | 106,673,000 |
| Total capital | 109,806,000 | 111,984,000 | 113,371,000 | 115,442,000 |
| Risk-weighted assets | 632,884,000 | 696,962,000 | 689,191,000 | 698,390,000 |