Call reports 2011
SANDY SPRING BANK — 2011
What SANDY SPRING BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 3,547,687,000 | 3,609,968,000 | 3,624,181,000 | 3,709,368,000 |
| Total loans | 2,160,941,000 | 2,149,570,000 | 2,168,498,000 | 2,265,032,000 |
| Allowance for loan losses | 58,918,000 | 55,246,000 | 49,720,000 | 49,426,000 |
| Securities available for sale | 964,592,000 | 995,396,000 | 951,974,000 | 951,201,000 |
| Securities held to maturity | 88,858,000 | 100,030,000 | 189,520,000 | 178,465,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,607,062,000 | 2,665,507,000 | 2,647,891,000 | 2,664,019,000 |
| Interest-bearing deposits | 1,986,496,000 | 2,016,312,000 | 2,004,219,000 | 2,013,209,000 |
| Noninterest-bearing deposits | 620,566,000 | 649,195,000 | 643,672,000 | 650,810,000 |
| Equity capital | 400,576,000 | 414,818,000 | 431,908,000 | 423,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 34,751,000 | 69,757,000 | 104,761,000 | 139,470,000 |
| Interest expense | 6,751,000 | 13,613,000 | 20,294,000 | 26,556,000 |
| Net interest income | 28,000,000 | 56,144,000 | 84,467,000 | 112,914,000 |
| Noninterest income | 9,313,000 | 19,403,000 | 30,196,000 | 40,882,000 |
| Noninterest expense | 25,108,000 | 49,992,000 | 75,280,000 | 101,801,000 |
| Provision for loan losses | 1,515,000 | 2,666,000 | -854,000 | 1,428,000 |
| Pretax income | 10,669,000 | 22,857,000 | 40,361,000 | 50,699,000 |
| Income tax | 3,210,000 | 6,947,000 | 13,071,000 | 16,055,000 |
| Net income | 7,459,000 | 15,910,000 | 27,290,000 | 34,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 319,811,000 | 326,830,000 | 336,794,000 | 329,196,000 |
| Total capital | 387,069,000 | 393,508,000 | 403,806,000 | 397,528,000 |
| Risk-weighted assets | 2,553,987,000 | 2,510,662,000 | 2,543,258,000 | 2,650,459,000 |