Silvergate Bank quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2024 | $257M | $2K | $0K | $177M | $-36743K | -55.83% | -75.16% | 3.18% | 0.00% |
| Q4 2023 | $269M | $6K | $0K | $214M | $-2426K | -17.70% | -192.23% | 1.37% | 0.00% |
| Q3 2023 | $924M | $617M | $0K | $216M | $3M | -19.13% | -239.53% | 1.40% | 0.00% |
| Q2 2023 | $1.3B | $947M | $176K | $213M | $-18714K | -23.00% | -328.26% | 1.64% | 0.00% |
| Q1 2023 | $1.9B | $1.5B | $96M | $232M | $-537875K | -32.50% | -535.23% | 1.76% | 1.64% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.