Call reports 2021
SANDY SPRING BANK — 2021
What SANDY SPRING BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 12,860,946,000 | 12,912,358,000 | 13,006,089,000 | 12,586,611,000 |
| Total loans | 10,531,796,000 | 10,163,597,000 | 9,766,027,000 | 10,006,501,000 |
| Allowance for loan losses | 130,362,000 | 123,961,000 | 107,919,000 | 109,143,000 |
| Securities available for sale | 1,420,297,000 | 1,433,554,000 | 1,422,146,000 | 1,465,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,738,555,000 | 10,954,117,000 | 11,100,140,000 | 10,683,782,000 |
| Interest-bearing deposits | 6,967,691,000 | 6,953,468,000 | 7,112,716,000 | 6,904,139,000 |
| Noninterest-bearing deposits | 3,770,865,000 | 4,000,649,000 | 3,987,424,000 | 3,779,643,000 |
| Equity capital | 1,629,057,000 | 1,654,539,000 | 1,593,414,000 | 1,620,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 114,179,000 | 228,905,000 | 339,936,000 | 449,956,000 |
| Interest expense | 7,570,000 | 12,250,000 | 16,226,000 | 19,108,000 |
| Net interest income | 106,609,000 | 216,655,000 | 323,710,000 | 430,848,000 |
| Noninterest income | 28,630,000 | 54,805,000 | 79,133,000 | 100,959,000 |
| Noninterest expense | 68,516,000 | 131,310,000 | 194,169,000 | 259,229,000 |
| Provision for loan losses | -34,708,000 | -38,912,000 | -47,141,000 | -45,556,000 |
| Pretax income | 102,436,000 | 180,381,000 | 257,271,000 | 319,583,000 |
| Income tax | 25,019,000 | 43,776,000 | 63,004,000 | 78,116,000 |
| Net income | 77,417,000 | 136,605,000 | 194,267,000 | 241,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,254,596,000 | 1,272,811,000 | 1,215,648,000 | 1,251,740,000 |
| Total capital | 1,380,563,000 | 1,395,091,000 | 1,298,021,000 | 1,335,854,000 |
| Risk-weighted assets | 9,360,147,000 | 9,420,273,000 | 9,293,462,000 | 9,641,978,000 |