Call reports 2011
STERLING BANK — 2011
What STERLING BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 184,344,000 | 183,559,000 | 190,712,000 | 190,381,000 |
| Total loans | 117,506,000 | 121,795,000 | 121,660,000 | 115,965,000 |
| Allowance for loan losses | 1,661,000 | 1,661,000 | 1,661,000 | 1,655,000 |
| Securities available for sale | 12,252,000 | 11,016,000 | 10,691,000 | 13,212,000 |
| Securities held to maturity | 37,624,000 | 38,756,000 | 39,004,000 | 40,526,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,285,000 | 163,100,000 | 170,102,000 | 170,034,000 |
| Interest-bearing deposits | 141,889,000 | 140,851,000 | 146,858,000 | 148,330,000 |
| Noninterest-bearing deposits | 21,396,000 | 22,249,000 | 23,244,000 | 21,704,000 |
| Equity capital | 15,597,000 | 15,935,000 | 16,193,000 | 15,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,159,000 | 4,371,000 | 6,617,000 | 8,829,000 |
| Interest expense | 458,000 | 892,000 | 1,318,000 | 1,736,000 |
| Net interest income | 1,701,000 | 3,479,000 | 5,299,000 | 7,093,000 |
| Noninterest income | 196,000 | 384,000 | 657,000 | 928,000 |
| Noninterest expense | 1,135,000 | 2,276,000 | 3,352,000 | 4,529,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 762,000 | 1,587,000 | 2,604,000 | 3,492,000 |
| Income tax | 7,000 | 15,000 | 21,000 | 27,000 |
| Net income | 755,000 | 1,572,000 | 2,583,000 | 3,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,526,000 | 15,743,000 | 16,082,000 | 15,764,000 |
| Total capital | 17,164,000 | 17,404,000 | 17,743,000 | 17,407,000 |
| Risk-weighted assets | 130,980,000 | 135,164,000 | 135,150,000 | 131,394,000 |