Call reports 2016
SANDY SPRING BANK — 2016
What SANDY SPRING BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 4,710,656,000 | 4,733,756,000 | 4,799,033,000 | 5,079,731,000 |
| Total loans | 3,588,494,000 | 3,686,114,000 | 3,796,329,000 | 3,941,030,000 |
| Allowance for loan losses | 41,766,000 | 43,384,000 | 43,942,000 | 44,067,000 |
| Securities available for sale | 701,493,000 | 697,147,000 | 645,073,000 | 723,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,427,236,000 | 3,525,479,000 | 3,545,524,000 | 3,585,883,000 |
| Interest-bearing deposits | 2,342,483,000 | 2,349,335,000 | 2,391,293,000 | 2,447,740,000 |
| Noninterest-bearing deposits | 1,084,754,000 | 1,176,143,000 | 1,154,231,000 | 1,138,143,000 |
| Equity capital | 501,469,000 | 507,297,000 | 515,454,000 | 512,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 41,613,000 | 83,377,000 | 126,143,000 | 170,246,000 |
| Interest expense | 5,539,000 | 10,616,000 | 15,749,000 | 21,030,000 |
| Net interest income | 36,074,000 | 72,761,000 | 110,394,000 | 149,216,000 |
| Noninterest income | 11,432,000 | 22,920,000 | 35,593,000 | 47,948,000 |
| Noninterest expense | 31,761,000 | 62,488,000 | 91,664,000 | 121,962,000 |
| Provision for loan losses | 1,236,000 | 4,193,000 | 4,974,000 | 5,545,000 |
| Pretax income | 16,278,000 | 30,920,000 | 51,269,000 | 71,590,000 |
| Income tax | 5,223,000 | 9,824,000 | 16,731,000 | 23,655,000 |
| Net income | 11,055,000 | 21,096,000 | 34,538,000 | 47,935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 414,860,000 | 419,064,000 | 426,818,000 | 434,527,000 |
| Total capital | 491,626,000 | 492,448,000 | 500,760,000 | 508,594,000 |
| Risk-weighted assets | 3,689,505,000 | 3,784,809,000 | 3,909,783,000 | 4,125,289,000 |