Call reports 2020
SANDY SPRING BANK — 2020
What SANDY SPRING BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 8,917,838,000 | 13,276,629,000 | 12,666,007,000 | 12,784,021,000 |
| Total loans | 6,790,106,000 | 10,411,808,000 | 10,422,662,000 | 10,478,802,000 |
| Allowance for loan losses | 85,801,000 | 163,480,000 | 170,313,000 | 165,368,000 |
| Securities available for sale | 1,178,330,000 | 1,346,636,000 | 1,347,710,000 | 1,338,096,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,646,726,000 | 10,124,219,000 | 10,013,252,000 | 10,094,007,000 |
| Interest-bearing deposits | 4,706,778,000 | 6,690,168,000 | 6,554,435,000 | 6,768,447,000 |
| Noninterest-bearing deposits | 1,939,948,000 | 3,434,051,000 | 3,458,817,000 | 3,325,560,000 |
| Equity capital | 1,253,077,000 | 1,528,812,000 | 1,562,303,000 | 1,589,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 83,718,000 | 198,508,000 | 311,357,000 | 423,014,000 |
| Interest expense | 17,371,000 | 28,567,000 | 41,800,000 | 51,584,000 |
| Net interest income | 66,347,000 | 169,941,000 | 269,557,000 | 371,430,000 |
| Noninterest income | 17,969,000 | 40,694,000 | 69,443,000 | 101,472,000 |
| Noninterest expense | 47,375,000 | 132,407,000 | 192,386,000 | 253,674,000 |
| Provision for loan losses | 24,469,000 | 83,155,000 | 90,158,000 | 85,669,000 |
| Pretax income | 12,641,000 | -4,546,000 | 56,888,000 | 134,026,000 |
| Income tax | 804,000 | -4,078,000 | 10,746,000 | 29,460,000 |
| Net income | 11,837,000 | -468,000 | 46,142,000 | 104,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 868,542,000 | 1,138,093,000 | 1,172,621,000 | 1,199,571,000 |
| Total capital | 942,617,000 | 1,283,984,000 | 1,323,806,000 | 1,347,103,000 |
| Risk-weighted assets | 7,128,795,000 | 9,742,832,000 | 9,877,589,000 | 10,176,012,000 |