Call reports 2015
SOVEREIGN BANK — 2015
What SOVEREIGN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,058,722,000 | 1,118,392,000 | 1,128,735,000 | 1,111,788,000 |
| Total loans | 695,132,000 | 769,631,000 | 822,460,000 | 811,461,000 |
| Allowance for loan losses | 7,695,000 | 8,343,000 | 9,843,000 | 10,926,000 |
| Securities available for sale | 161,555,000 | 155,242,000 | 121,926,000 | 119,920,000 |
| Securities held to maturity | 149,729,000 | 143,885,000 | 137,351,000 | 132,542,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 802,522,000 | 810,065,000 | 820,567,000 | 798,846,000 |
| Interest-bearing deposits | 642,753,000 | 624,106,000 | 648,070,000 | 624,467,000 |
| Noninterest-bearing deposits | 159,770,000 | 185,959,000 | 172,497,000 | 174,379,000 |
| Equity capital | 114,785,000 | 116,647,000 | 118,426,000 | 120,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 10,006,000 | 20,272,000 | 31,253,000 | 42,728,000 |
| Interest expense | 1,273,000 | 2,530,000 | 3,854,000 | 5,215,000 |
| Net interest income | 8,733,000 | 17,742,000 | 27,399,000 | 37,513,000 |
| Noninterest income | 713,000 | 2,994,000 | 3,495,000 | 4,660,000 |
| Noninterest expense | 7,439,000 | 13,769,000 | 19,996,000 | 26,478,000 |
| Provision for loan losses | 0 | 1,300,000 | 2,800,000 | 4,800,000 |
| Pretax income | 2,023,000 | 5,683,000 | 8,153,000 | 10,950,000 |
| Income tax | 589,000 | 1,649,000 | 2,282,000 | 2,890,000 |
| Net income | 1,434,000 | 4,034,000 | 5,871,000 | 8,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,056,000 | 115,656,000 | 117,294,000 | 119,483,000 |
| Total capital | 120,751,000 | 123,999,000 | 127,137,000 | 130,409,000 |
| Risk-weighted assets | 885,774,000 | 958,652,000 | 1,018,068,000 | 1,004,745,000 |