Call reports 2017
SOVEREIGN BANK — 2017
What SOVEREIGN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Total assets | 1,027,426,000 | 1,026,514,000 |
| Total loans | 819,800,000 | 789,903,000 |
| Allowance for loan losses | 11,071,000 | 10,890,000 |
| Securities available for sale | 68,259,000 | 67,608,000 |
| Securities held to maturity | 104,730,000 | 101,175,000 |
| Trading assets | 0 | 0 |
| Total deposits | 837,516,000 | 813,907,000 |
| Interest-bearing deposits | 667,591,000 | 646,064,000 |
| Noninterest-bearing deposits | 169,925,000 | 167,843,000 |
| Equity capital | 127,616,000 | 130,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Interest income | 10,601,000 | 21,445,000 |
| Interest expense | 1,572,000 | 3,180,000 |
| Net interest income | 9,029,000 | 18,265,000 |
| Noninterest income | 253,000 | 591,000 |
| Noninterest expense | 5,996,000 | 11,966,000 |
| Provision for loan losses | 300,000 | 150,000 |
| Pretax income | 2,986,000 | 6,740,000 |
| Income tax | 896,000 | 2,021,000 |
| Net income | 2,090,000 | 4,719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Tier 1 capital | 127,881,000 | 130,010,000 |
| Total capital | 138,952,000 | 140,900,000 |
| Risk-weighted assets | 972,426,000 | 941,698,000 |