Call reports 2003
SANDY SPRING BANK — 2003
What SANDY SPRING BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 2,361,075,000 | 2,357,285,000 | 2,372,933,000 | 2,326,807,000 |
| Total loans | 1,078,903,000 | 1,098,704,000 | 1,108,909,000 | 1,165,637,000 |
| Allowance for loan losses | 15,023,000 | 15,033,000 | 15,027,000 | 14,880,000 |
| Securities available for sale | 741,893,000 | 755,401,000 | 726,443,000 | 630,832,000 |
| Securities held to maturity | 327,589,000 | 253,318,000 | 347,953,000 | 337,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,562,399,000 | 1,596,740,000 | 1,564,719,000 | 1,569,223,000 |
| Interest-bearing deposits | 1,498,859,000 | 1,463,622,000 | 1,499,509,000 | 1,468,697,000 |
| Noninterest-bearing deposits | 63,540,000 | 133,117,000 | 65,210,000 | 100,526,000 |
| Equity capital | 169,980,000 | 177,604,000 | 177,737,000 | 180,800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 29,187,000 | 57,090,000 | 84,931,000 | 112,155,000 |
| Interest expense | 10,084,000 | 19,756,000 | 28,869,000 | 37,315,000 |
| Net interest income | 19,103,000 | 37,334,000 | 56,062,000 | 74,840,000 |
| Noninterest income | 7,804,000 | 17,338,000 | 26,014,000 | 32,878,000 |
| Noninterest expense | 15,828,000 | 32,200,000 | 48,977,000 | 66,548,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 11,076,000 | 22,408,000 | 32,738,000 | 40,765,000 |
| Income tax | 2,694,000 | 5,525,000 | 7,837,000 | 9,266,000 |
| Net income | 8,382,000 | 16,883,000 | 24,901,000 | 31,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,039,000 | 147,602,000 | 152,867,000 | 157,198,000 |
| Total capital | 189,665,000 | 196,221,000 | 201,470,000 | 205,654,000 |
| Risk-weighted assets | 1,346,965,000 | 1,364,079,000 | 1,365,919,000 | 1,405,342,000 |