Annual Financials for Silvergate Capital Corp.
Fiscal year is January-December. All values USD millions. |
2017 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Interest Income |
48.31M | 72.75M | 81.04M | 79.59M | 130.39M | |
Interest and Fees on Loans |
42.81M | 48.1M | 51.45M | 54.73M | 68.62M | |
Interest Income on Fed. Funds |
- | - | - | - | - | |
Interest Income on Fed. Repos |
- | - | - | - | - | |
Interest on Bank Deposits |
- | - | - | - | - | |
Other Interest or Dividend Income |
5.5M | 24.65M | 29.59M | 24.86M | 61.78M | |
Interest Income Growth |
- | 50.61% | 11.39% | -1.78% | 63.83% | |
Total Interest Expense |
6.36M | 3.13M | 10.08M | 7.23M | 1.13M | |
Interest Expense on Bank Deposits |
4.36M | 1.79M | 7.71M | 5.81M | 134,000 | |
Other Interest Expense |
1.99M | 1.34M | 2.37M | 1.42M | - | |
Interest Expense on Debt |
1.99M | 1.34M | 2.37M | 1.42M | 993,000 | |
Interest Capitalized |
- | - | - | - | - | |
Other Borrowed Funds |
- | - | - | - | - | |
Total Interest Expense Growth |
- | -50.76% | 222.08% | -28.30% | -84.40% | |
|
2017 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Net Interest Income |
41.95M | 69.62M | 70.96M | 72.36M | 129.27M | |
Net Interest Income Growth |
- | 65.96% | 1.92% | 1.98% | 78.63% | |
Loan Loss Provision |
262,000 | (1.53M) | (439,000) | 742,000 | - | |
Loan Loss Provision Growth |
- | -682.82% | 71.25% | 269.02% | - | |
Net Interest Income after Provision |
41.69M | 71.15M | 71.4M | 71.62M | 129.27M | |
Net Interest Inc After Loan Loss Prov Growth |
- | 70.67% | 0.35% | 0.32% | 80.49% | |
Net Interest Margin |
- | - | - | - | 1.20% | NA |
Non-Interest Income |
3.45M | 7.56M | 10.25M | 18.25M | 45.26M | |
Securities Gain |
- | - | 724,000 | 3.75M | 5.24M | |
Trading Account Income |
- | - | - | - | - | |
Trust Income, Commissions & Fees |
2.66M | 6.36M | 8.41M | 13.96M | 39.04M | |
Commission & Fee Income |
2.66M | 6.36M | 8.41M | 13.96M | 39.04M | |
Other Operating Income |
332,000 | 490,000 | 281,000 | 187,000 | 981,000 | |
Non-Interest Expense |
30.71M | 48.31M | 52.48M | 59.61M | 89.12M | |
Labor & Related Expense |
20.17M | 29.9M | 33.9M | 36.49M | 45.79M | |
Equipment Expense |
1.8M | 2.39M | 2.74M | 3.59M | 1.46M | |
Other Operating Expense |
8.14M | 15.33M | 14.94M | 17.42M | 40.86M | |
Operating Income |
14.43M | 30.4M | 29.16M | 30.27M | 85.4M | |
Operating Income Growth |
- | 110.65% | -4.07% | 3.79% | 182.15% | |
Operating Income Margin |
- | - | - | - | 48.62% | NA |
Non-Operating Income (Expense) |
- | - | - | - | - | |
Non-Operating Interest Income |
- | - | - | - | - | |
Miscellaneous Non Operating Expense |
- | - | - | - | - | |
Equity in Affiliates (Pretax) |
- | - | - | - | - | |
Unusual Expense |
- | - | - | (925,000) | - | |
Pretax Income |
14.43M | 30.4M | 34.67M | 31.19M | 85.4M | |
Pretax Income Growth |
- | 110.65% | 14.06% | -10.03% | 173.78% | |
Pretax Margin |
- | - | - | - | 48.62% | NA |
Income Taxes |
6.79M | 8.07M | 9.83M | 5.16M | 6.88M | |
Income Tax - Current - Domestic |
5.27M | 8.22M | 9.47M | 5.56M | - | |
Income Tax - Current - Foreign |
- | - | - | - | - | |
Income Tax - Deferred - Domestic |
1.52M | (154,000) | 359,000 | (406,000) | - | |
Income Tax - Deferred - Foreign |
- | - | - | - | - | |
Income Tax Credits |
- | - | - | - | - | |
Equity in Affiliates |
- | - | - | - | - | |
Other After Tax Income (Expense) |
- | - | - | - | - | |
Consolidated Net Income |
7.64M | 22.33M | 24.85M | 26.04M | 78.53M | |
Minority Interest Expense |
- | - | - | - | - | |
Net Income |
7.64M | 22.33M | 24.85M | 26.04M | 78.53M | |
Net Income Growth |
- | 192.20% | 11.25% | 4.80% | 201.59% | |
Net Margin |
- | - | - | - | 44.71% | NA |
Extraordinaries & Discontinued Operations |
- | - | - | - | - | |
Extra Items & Gain/Loss Sale Of Assets |
- | - | - | - | - | |
Cumulative Effect - Accounting Chg |
- | - | - | - | - | |
Discontinued Operations |
- | - | - | - | - | |
Net Income After Extraordinaries |
- | - | - | - | - | |
Preferred Dividends |
- | - | - | - | 3.02M | |
Net Income Available to Common |
7.64M | 22.33M | 24.85M | 26.04M | 75.51M | |
EPS (Basic) |
0.41 | 1.20 | 1.38 | 1.39 | 2.95 | |
EPS (Basic) Growth |
- | 192.19% | 15.61% | 0.69% | 111.89% | |
Basic Shares Outstanding |
18.66M | 18.66M | 17.96M | 18.69M | 25.58M | |
EPS (Diluted) |
0.41 | 1.20 | 1.35 | 1.36 | 2.91 | |
EPS (Diluted) Growth |
- | 192.19% | 12.92% | 0.47% | 114.54% | |
Diluted Shares Outstanding |
18.66M | 18.66M | 18.39M | 19.18M | 25.92M | |