Call reports 2007
SANDY SPRING BANK — 2007
What SANDY SPRING BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,943,054,000 | 3,093,422,000 | 2,957,813,000 | 3,035,925,000 |
| Total loans | 2,045,842,000 | 2,176,920,000 | 2,201,713,000 | 2,277,949,000 |
| Allowance for loan losses | 22,186,000 | 23,661,000 | 23,567,000 | 25,092,000 |
| Securities available for sale | 281,823,000 | 221,773,000 | 195,788,000 | 186,451,000 |
| Securities held to maturity | 261,209,000 | 248,463,000 | 237,231,000 | 234,706,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,282,005,000 | 2,397,361,000 | 2,290,596,000 | 2,281,688,000 |
| Interest-bearing deposits | 2,154,998,000 | 2,254,188,000 | 2,200,182,000 | 2,188,969,000 |
| Noninterest-bearing deposits | 127,007,000 | 143,173,000 | 90,414,000 | 92,719,000 |
| Equity capital | 267,416,000 | 289,206,000 | 294,561,000 | 301,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 41,895,000 | 87,881,000 | 134,714,000 | 180,695,000 |
| Interest expense | 17,945,000 | 37,841,000 | 57,679,000 | 76,448,000 |
| Net interest income | 23,950,000 | 50,040,000 | 77,035,000 | 104,247,000 |
| Noninterest income | 11,039,000 | 22,041,000 | 33,284,000 | 44,639,000 |
| Noninterest expense | 23,268,000 | 47,747,000 | 73,261,000 | 98,209,000 |
| Provision for loan losses | 839,000 | 1,619,000 | 2,369,000 | 4,094,000 |
| Pretax income | 10,884,000 | 22,721,000 | 34,717,000 | 46,626,000 |
| Income tax | 3,047,000 | 6,322,000 | 9,890,000 | 13,281,000 |
| Net income | 7,837,000 | 16,399,000 | 24,827,000 | 33,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 202,229,000 | 197,167,000 | 203,748,000 | 209,737,000 |
| Total capital | 259,415,000 | 255,828,000 | 262,315,000 | 269,829,000 |
| Risk-weighted assets | 2,322,724,000 | 2,440,744,000 | 2,413,291,000 | 2,506,007,000 |