Call reports 2022
SANDY SPRING BANK — 2022
What SANDY SPRING BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 12,965,344,000 | 13,297,905,000 | 13,762,196,000 | 13,827,883,000 |
| Total loans | 10,161,864,000 | 10,809,901,000 | 11,230,283,000 | 11,408,411,000 |
| Allowance for loan losses | 110,587,000 | 113,669,000 | 128,267,000 | 136,239,000 |
| Securities available for sale | 1,259,945,000 | 1,268,823,000 | 1,244,335,000 | 1,214,538,000 |
| Securities held to maturity | 285,339,000 | 274,337,000 | 265,648,000 | 259,452,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,971,836,000 | 11,066,981,000 | 10,830,089,000 | 11,034,392,000 |
| Interest-bearing deposits | 6,931,995,000 | 6,937,533,000 | 6,836,601,000 | 7,361,086,000 |
| Noninterest-bearing deposits | 4,039,841,000 | 4,129,448,000 | 3,993,488,000 | 3,673,306,000 |
| Equity capital | 1,737,221,000 | 1,744,645,000 | 1,737,574,000 | 1,767,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 106,036,000 | 219,940,000 | 350,361,000 | 495,660,000 |
| Interest expense | 2,359,000 | 6,386,000 | 19,987,000 | 55,090,000 |
| Net interest income | 103,677,000 | 213,554,000 | 330,374,000 | 440,570,000 |
| Noninterest income | 20,595,000 | 55,797,000 | 72,688,000 | 87,369,000 |
| Noninterest expense | 61,963,000 | 126,201,000 | 191,564,000 | 255,552,000 |
| Provision for loan losses | 1,635,000 | 4,681,000 | 18,773,000 | 26,680,000 |
| Pretax income | 60,917,000 | 138,511,000 | 187,975,000 | 237,670,000 |
| Income tax | 14,872,000 | 34,153,000 | 46,633,000 | 59,235,000 |
| Net income | 46,045,000 | 104,358,000 | 141,342,000 | 178,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,427,634,000 | 1,471,067,000 | 1,513,789,000 | 1,535,674,000 |
| Total capital | 1,516,738,000 | 1,563,164,000 | 1,617,691,000 | 1,645,799,000 |
| Risk-weighted assets | 10,930,897,000 | 11,535,767,000 | 12,048,945,000 | 12,215,144,000 |