Call reports 2002
SANDY SPRING BANK — 2002
What SANDY SPRING BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 2,073,373,000 | 2,152,735,000 | 2,254,499,000 | 2,298,866,000 |
| Total loans | 1,030,404,000 | 1,066,331,000 | 1,087,121,000 | 1,102,291,000 |
| Allowance for loan losses | 13,877,000 | 14,911,000 | 15,220,000 | 15,036,000 |
| Securities available for sale | 635,513,000 | 655,956,000 | 700,966,000 | 676,965,000 |
| Securities held to maturity | 201,428,000 | 232,956,000 | 254,155,000 | 340,860,000 |
| Trading assets | 0 | 11,000 | 0 | 0 |
| Total deposits | 1,400,260,000 | 1,417,153,000 | 1,472,100,000 | 1,500,507,000 |
| Interest-bearing deposits | 1,353,241,000 | 1,337,178,000 | 1,401,401,000 | 1,438,512,000 |
| Noninterest-bearing deposits | 47,019,000 | 79,975,000 | 70,699,000 | 61,995,000 |
| Equity capital | 138,832,000 | 150,482,000 | 159,883,000 | 165,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 29,602,000 | 60,556,000 | 91,456,000 | 122,385,000 |
| Interest expense | 11,102,000 | 22,035,000 | 33,047,000 | 43,822,000 |
| Net interest income | 18,500,000 | 38,521,000 | 58,409,000 | 78,563,000 |
| Noninterest income | 6,600,000 | 13,322,000 | 20,182,000 | 27,850,000 |
| Noninterest expense | 15,176,000 | 31,086,000 | 46,840,000 | 63,418,000 |
| Provision for loan losses | 1,185,000 | 2,170,000 | 2,565,000 | 2,865,000 |
| Pretax income | 8,827,000 | 18,517,000 | 29,863,000 | 40,995,000 |
| Income tax | 2,312,000 | 4,828,000 | 7,894,000 | 10,753,000 |
| Net income | 6,515,000 | 13,689,000 | 21,969,000 | 30,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,439,000 | 121,812,000 | 128,288,000 | 134,611,000 |
| Total capital | 164,089,000 | 170,430,000 | 177,209,000 | 183,270,000 |
| Risk-weighted assets | 1,208,021,000 | 1,247,444,000 | 1,306,173,000 | 1,321,243,000 |