Call reports 2010
SANDY SPRING BANK — 2010
What SANDY SPRING BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 3,673,411,000 | 3,699,266,000 | 3,604,867,000 | 3,517,655,000 |
| Total loans | 2,265,594,000 | 2,234,230,000 | 2,204,441,000 | 2,178,949,000 |
| Allowance for loan losses | 69,575,000 | 71,377,000 | 67,282,000 | 62,135,000 |
| Securities available for sale | 831,909,000 | 915,369,000 | 960,213,000 | 907,183,000 |
| Securities held to maturity | 119,376,000 | 112,491,000 | 106,553,000 | 101,590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,750,203,000 | 2,756,353,000 | 2,639,937,000 | 2,562,086,000 |
| Interest-bearing deposits | 2,189,268,000 | 2,162,485,000 | 2,058,840,000 | 1,994,552,000 |
| Noninterest-bearing deposits | 560,935,000 | 593,868,000 | 581,097,000 | 567,534,000 |
| Equity capital | 374,423,000 | 387,020,000 | 397,309,000 | 394,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 37,360,000 | 74,868,000 | 112,234,000 | 148,349,000 |
| Interest expense | 9,238,000 | 18,105,000 | 26,049,000 | 33,242,000 |
| Net interest income | 28,122,000 | 56,763,000 | 86,185,000 | 115,107,000 |
| Noninterest income | 10,723,000 | 22,389,000 | 32,953,000 | 43,866,000 |
| Noninterest expense | 24,668,000 | 50,132,000 | 74,750,000 | 100,369,000 |
| Provision for loan losses | 15,025,000 | 21,132,000 | 23,585,000 | 25,908,000 |
| Pretax income | -645,000 | 8,096,000 | 20,907,000 | 33,230,000 |
| Income tax | -1,275,000 | 1,218,000 | 5,299,000 | 9,217,000 |
| Net income | 630,000 | 6,878,000 | 15,608,000 | 24,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 288,756,000 | 295,553,000 | 304,831,000 | 313,778,000 |
| Total capital | 357,191,000 | 363,369,000 | 372,472,000 | 381,167,000 |
| Risk-weighted assets | 2,638,643,000 | 2,586,715,000 | 2,576,609,000 | 2,561,359,000 |