Call reports 2010
STERLING BANK — 2010
What STERLING BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 166,303,000 | 171,224,000 | 176,736,000 | 181,556,000 |
| Total loans | 115,575,000 | 114,526,000 | 118,139,000 | 118,316,000 |
| Allowance for loan losses | 1,667,000 | 1,667,000 | 1,663,000 | 1,661,000 |
| Securities available for sale | 4,955,000 | 8,141,000 | 11,270,000 | 9,959,000 |
| Securities held to maturity | 32,923,000 | 31,235,000 | 31,295,000 | 35,560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,683,000 | 151,306,000 | 156,308,000 | 161,231,000 |
| Interest-bearing deposits | 131,953,000 | 134,624,000 | 139,499,000 | 143,195,000 |
| Noninterest-bearing deposits | 14,730,000 | 16,682,000 | 16,809,000 | 18,036,000 |
| Equity capital | 14,148,000 | 14,418,000 | 14,990,000 | 14,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,092,000 | 4,233,000 | 6,412,000 | 8,611,000 |
| Interest expense | 485,000 | 990,000 | 1,499,000 | 1,990,000 |
| Net interest income | 1,607,000 | 3,243,000 | 4,913,000 | 6,621,000 |
| Noninterest income | 185,000 | 377,000 | 667,000 | 875,000 |
| Noninterest expense | 1,082,000 | 2,175,000 | 3,282,000 | 4,482,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 710,000 | 1,445,000 | 2,298,000 | 3,069,000 |
| Income tax | 5,000 | 9,000 | 15,000 | 21,000 |
| Net income | 705,000 | 1,436,000 | 2,283,000 | 3,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,053,000 | 14,269,000 | 14,695,000 | 14,771,000 |
| Total capital | 15,623,000 | 15,816,000 | 16,304,000 | 16,395,000 |
| Risk-weighted assets | 125,509,000 | 123,670,000 | 128,669,000 | 129,883,000 |