Call reports 2009
SANDY SPRING BANK — 2009
What SANDY SPRING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 3,514,695,000 | 3,612,726,000 | 3,630,392,000 | 3,631,186,000 |
| Total loans | 2,473,411,000 | 2,400,944,000 | 2,345,208,000 | 2,310,508,000 |
| Allowance for loan losses | 59,798,000 | 58,317,000 | 62,937,000 | 64,559,000 |
| Securities available for sale | 471,811,000 | 696,964,000 | 806,795,000 | 858,083,000 |
| Securities held to maturity | 156,877,000 | 145,937,000 | 140,528,000 | 132,593,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,555,124,000 | 2,651,552,000 | 2,684,480,000 | 2,697,853,000 |
| Interest-bearing deposits | 2,412,136,000 | 2,496,749,000 | 2,557,152,000 | 2,156,309,000 |
| Noninterest-bearing deposits | 142,988,000 | 154,803,000 | 127,328,000 | 541,544,000 |
| Equity capital | 388,584,000 | 386,337,000 | 376,120,000 | 370,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 38,690,000 | 77,319,000 | 116,472,000 | 155,122,000 |
| Interest expense | 13,705,000 | 27,925,000 | 40,710,000 | 51,528,000 |
| Net interest income | 24,985,000 | 49,394,000 | 75,762,000 | 103,594,000 |
| Noninterest income | 11,812,000 | 22,485,000 | 32,745,000 | 44,247,000 |
| Noninterest expense | 24,031,000 | 50,265,000 | 76,199,000 | 101,524,000 |
| Provision for loan losses | 10,613,000 | 21,228,000 | 55,678,000 | 76,762,000 |
| Pretax income | 2,315,000 | 578,000 | -23,163,000 | -30,027,000 |
| Income tax | -48,000 | -1,698,000 | -12,020,000 | -15,797,000 |
| Net income | 2,363,000 | 2,276,000 | -11,143,000 | -14,230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 306,981,000 | 304,675,000 | 290,127,000 | 288,200,000 |
| Total capital | 378,249,000 | 375,744,000 | 359,887,000 | 357,509,000 |
| Risk-weighted assets | 2,877,880,000 | 2,863,260,000 | 2,752,654,000 | 2,714,489,000 |