Call reports 2008
SANDY SPRING BANK — 2008
What SANDY SPRING BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 3,152,909,000 | 3,158,673,000 | 3,189,916,000 | 3,308,538,000 |
| Total loans | 2,367,678,000 | 2,437,519,000 | 2,483,590,000 | 2,498,676,000 |
| Allowance for loan losses | 27,887,000 | 33,435,000 | 38,266,000 | 50,526,000 |
| Securities available for sale | 206,490,000 | 217,973,000 | 206,548,000 | 291,380,000 |
| Securities held to maturity | 202,344,000 | 180,556,000 | 178,690,000 | 171,618,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,344,792,000 | 2,298,158,000 | 2,252,594,000 | 2,369,470,000 |
| Interest-bearing deposits | 2,247,869,000 | 2,186,586,000 | 2,142,092,000 | 2,287,060,000 |
| Noninterest-bearing deposits | 96,923,000 | 111,572,000 | 110,502,000 | 82,410,000 |
| Equity capital | 308,866,000 | 313,732,000 | 312,946,000 | 385,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 43,812,000 | 85,568,000 | 127,564,000 | 168,547,000 |
| Interest expense | 17,380,000 | 32,116,000 | 46,084,000 | 60,455,000 |
| Net interest income | 26,432,000 | 53,452,000 | 81,480,000 | 108,092,000 |
| Noninterest income | 12,050,000 | 23,537,000 | 34,262,000 | 45,120,000 |
| Noninterest expense | 24,442,000 | 48,923,000 | 73,946,000 | 100,853,000 |
| Provision for loan losses | 2,667,000 | 8,856,000 | 15,401,000 | 33,192,000 |
| Pretax income | 11,947,000 | 19,863,000 | 27,057,000 | 19,830,000 |
| Income tax | 3,693,000 | 5,809,000 | 7,587,000 | 3,682,000 |
| Net income | 8,254,000 | 14,054,000 | 19,470,000 | 16,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,942,000 | 222,594,000 | 227,832,000 | 304,543,000 |
| Total capital | 278,829,000 | 291,029,000 | 297,434,000 | 374,137,000 |
| Risk-weighted assets | 2,657,632,000 | 2,712,545,000 | 2,764,522,000 | 2,751,590,000 |