Call reports 2013
STERLING BANK — 2013
What STERLING BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 205,126,000 | 204,418,000 | 206,299,000 | 213,034,000 |
| Total loans | 132,514,000 | 128,413,000 | 131,413,000 | 140,995,000 |
| Allowance for loan losses | 1,688,000 | 1,704,000 | 1,719,000 | 1,715,000 |
| Securities available for sale | 10,838,000 | 10,582,000 | 10,483,000 | 9,699,000 |
| Securities held to maturity | 46,740,000 | 47,884,000 | 49,053,000 | 49,434,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,156,000 | 183,349,000 | 185,159,000 | 183,866,000 |
| Interest-bearing deposits | 159,436,000 | 156,246,000 | 159,204,000 | 156,762,000 |
| Noninterest-bearing deposits | 24,720,000 | 27,103,000 | 25,955,000 | 27,104,000 |
| Equity capital | 18,228,000 | 18,255,000 | 18,386,000 | 17,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,249,000 | 4,478,000 | 6,709,000 | 8,987,000 |
| Interest expense | 379,000 | 742,000 | 1,098,000 | 1,442,000 |
| Net interest income | 1,870,000 | 3,736,000 | 5,611,000 | 7,545,000 |
| Noninterest income | 249,000 | 552,000 | 828,000 | 1,014,000 |
| Noninterest expense | 1,191,000 | 2,389,000 | 3,591,000 | 4,831,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 913,000 | 1,869,000 | 2,803,000 | 3,668,000 |
| Income tax | 5,000 | 9,000 | 14,000 | 18,000 |
| Net income | 908,000 | 1,860,000 | 2,789,000 | 3,650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,979,000 | 18,166,000 | 18,291,000 | 17,838,000 |
| Total capital | 19,667,000 | 19,870,000 | 20,010,000 | 19,553,000 |
| Risk-weighted assets | 148,109,000 | 144,335,000 | 147,310,000 | 157,840,000 |