Call reports 2017
SANDY SPRING BANK — 2017
What SANDY SPRING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 5,190,423,000 | 5,260,929,000 | 5,325,118,000 | 5,437,085,000 |
| Total loans | 4,010,712,000 | 4,138,915,000 | 4,201,203,000 | 4,324,097,000 |
| Allowance for loan losses | 43,860,000 | 45,079,000 | 44,923,000 | 45,256,000 |
| Securities available for sale | 803,468,000 | 770,477,000 | 746,335,000 | 719,863,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,807,567,000 | 3,893,859,000 | 3,964,204,000 | 3,972,090,000 |
| Interest-bearing deposits | 2,573,058,000 | 2,591,319,000 | 2,651,479,000 | 2,707,684,000 |
| Noninterest-bearing deposits | 1,234,509,000 | 1,302,540,000 | 1,312,724,000 | 1,264,406,000 |
| Equity capital | 522,371,000 | 532,374,000 | 541,864,000 | 541,062,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 45,822,000 | 94,261,000 | 143,714,000 | 194,255,000 |
| Interest expense | 5,696,000 | 11,956,000 | 18,865,000 | 26,068,000 |
| Net interest income | 40,126,000 | 82,305,000 | 124,849,000 | 168,187,000 |
| Noninterest income | 12,673,000 | 24,977,000 | 37,783,000 | 49,466,000 |
| Noninterest expense | 29,784,000 | 62,414,000 | 93,404,000 | 127,628,000 |
| Provision for loan losses | 194,000 | 1,516,000 | 2,450,000 | 2,977,000 |
| Pretax income | 22,823,000 | 43,386,000 | 66,812,000 | 87,081,000 |
| Income tax | 7,639,000 | 14,206,000 | 22,472,000 | 34,391,000 |
| Net income | 15,184,000 | 29,180,000 | 44,340,000 | 52,690,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 443,733,000 | 451,948,000 | 461,330,000 | 463,257,000 |
| Total capital | 487,593,000 | 497,027,000 | 506,253,000 | 508,513,000 |
| Risk-weighted assets | 4,209,951,000 | 4,312,315,000 | 4,387,572,000 | 4,466,903,000 |