Call reports 2013
SANDY SPRING BANK — 2013
What SANDY SPRING BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 3,929,977,000 | 4,069,572,000 | 4,050,525,000 | 4,103,337,000 |
| Total loans | 2,613,452,000 | 2,634,491,000 | 2,672,552,000 | 2,792,631,000 |
| Allowance for loan losses | 41,246,000 | 39,015,000 | 39,422,000 | 38,766,000 |
| Securities available for sale | 765,357,000 | 837,717,000 | 814,822,000 | 750,561,000 |
| Securities held to maturity | 211,376,000 | 226,457,000 | 225,994,000 | 224,638,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,927,001,000 | 2,934,942,000 | 2,924,481,000 | 2,885,262,000 |
| Interest-bearing deposits | 2,094,111,000 | 2,056,863,000 | 2,034,018,000 | 2,048,936,000 |
| Noninterest-bearing deposits | 832,890,000 | 878,079,000 | 890,462,000 | 836,326,000 |
| Equity capital | 477,470,000 | 473,480,000 | 481,075,000 | 486,148,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 36,279,000 | 72,059,000 | 112,238,000 | 149,347,000 |
| Interest expense | 4,959,000 | 9,811,000 | 14,690,000 | 19,454,000 |
| Net interest income | 31,320,000 | 62,248,000 | 97,548,000 | 129,893,000 |
| Noninterest income | 12,327,000 | 24,760,000 | 36,134,000 | 47,685,000 |
| Noninterest expense | 27,535,000 | 55,051,000 | 81,867,000 | 110,785,000 |
| Provision for loan losses | 78,000 | -2,798,000 | -1,670,000 | -1,084,000 |
| Pretax income | 16,090,000 | 34,873,000 | 53,603,000 | 67,992,000 |
| Income tax | 5,330,000 | 11,761,000 | 18,244,000 | 22,833,000 |
| Net income | 10,760,000 | 23,112,000 | 35,359,000 | 45,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 380,696,000 | 390,012,000 | 398,543,000 | 404,258,000 |
| Total capital | 453,232,000 | 463,192,000 | 472,144,000 | 478,024,000 |
| Risk-weighted assets | 2,999,141,000 | 3,053,592,000 | 3,087,240,000 | 3,135,211,000 |