Call reports 2009
STERLING BANK — 2009
What STERLING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 164,219,000 | 159,691,000 | 161,849,000 | 164,442,000 |
| Total loans | 111,439,000 | 112,486,000 | 112,597,000 | 113,113,000 |
| Allowance for loan losses | 1,578,000 | 1,607,000 | 1,638,000 | 1,667,000 |
| Securities available for sale | 6,420,000 | 5,709,000 | 5,808,000 | 5,491,000 |
| Securities held to maturity | 27,938,000 | 29,218,000 | 30,726,000 | 32,284,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,674,000 | 140,599,000 | 144,210,000 | 143,695,000 |
| Interest-bearing deposits | 131,568,000 | 124,523,000 | 128,250,000 | 127,610,000 |
| Noninterest-bearing deposits | 15,106,000 | 16,076,000 | 15,960,000 | 16,085,000 |
| Equity capital | 13,687,000 | 13,801,000 | 13,934,000 | 13,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,160,000 | 4,263,000 | 6,370,000 | 8,473,000 |
| Interest expense | 711,000 | 1,322,000 | 1,906,000 | 2,443,000 |
| Net interest income | 1,449,000 | 2,941,000 | 4,464,000 | 6,030,000 |
| Noninterest income | 328,000 | 595,000 | 790,000 | 1,000,000 |
| Noninterest expense | 1,145,000 | 2,236,000 | 3,290,000 | 4,432,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 602,000 | 1,240,000 | 1,874,000 | 2,478,000 |
| Income tax | 1,000 | 13,000 | 18,000 | 22,000 |
| Net income | 601,000 | 1,227,000 | 1,856,000 | 2,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,793,000 | 13,819,000 | 13,848,000 | 13,348,000 |
| Total capital | 15,301,000 | 15,329,000 | 15,367,000 | 14,889,000 |
| Risk-weighted assets | 120,549,000 | 120,675,000 | 121,393,000 | 123,132,000 |