Call reports 2004
SANDY SPRING BANK — 2004
What SANDY SPRING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 2,360,715,000 | 2,419,388,000 | 2,498,351,000 | 2,304,720,000 |
| Total loans | 1,222,125,000 | 1,280,334,000 | 1,374,332,000 | 1,461,736,000 |
| Allowance for loan losses | 14,875,000 | 14,744,000 | 14,792,000 | 14,654,000 |
| Securities available for sale | 628,110,000 | 562,870,000 | 591,868,000 | 342,852,000 |
| Securities held to maturity | 308,901,000 | 322,448,000 | 321,451,000 | 305,293,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,626,135,000 | 1,690,279,000 | 1,752,497,000 | 1,745,015,000 |
| Interest-bearing deposits | 1,518,575,000 | 1,592,455,000 | 1,647,353,000 | 1,654,777,000 |
| Noninterest-bearing deposits | 107,560,000 | 97,824,000 | 105,144,000 | 90,238,000 |
| Equity capital | 186,731,000 | 183,249,000 | 190,512,000 | 181,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 26,726,000 | 52,897,000 | 80,524,000 | 109,121,000 |
| Interest expense | 8,145,000 | 16,501,000 | 25,507,000 | 34,119,000 |
| Net interest income | 18,581,000 | 36,396,000 | 55,017,000 | 75,002,000 |
| Noninterest income | 7,364,000 | 15,523,000 | 22,843,000 | 30,321,000 |
| Noninterest expense | 16,589,000 | 34,516,000 | 51,626,000 | 90,822,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,584,000 | 17,180,000 | 26,007,000 | 12,366,000 |
| Income tax | 2,173,000 | 3,636,000 | 5,416,000 | -1,748,000 |
| Net income | 7,411,000 | 13,544,000 | 20,591,000 | 14,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 162,339,000 | 166,190,000 | 170,801,000 | 162,499,000 |
| Total capital | 210,779,000 | 214,499,000 | 219,158,000 | 210,718,000 |
| Risk-weighted assets | 1,437,966,000 | 1,530,275,000 | 1,590,097,000 | 1,624,085,000 |