Call reports 2014
STERLING BANK — 2014
What STERLING BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 211,931,000 | 210,461,000 | 213,613,000 | 212,172,000 |
| Total loans | 138,890,000 | 139,541,000 | 134,492,000 | 141,435,000 |
| Allowance for loan losses | 1,730,000 | 1,745,000 | 1,760,000 | 1,678,000 |
| Securities available for sale | 8,368,000 | 8,156,000 | 7,890,000 | 7,084,000 |
| Securities held to maturity | 50,455,000 | 51,017,000 | 51,618,000 | 52,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,416,000 | 182,207,000 | 188,915,000 | 188,988,000 |
| Interest-bearing deposits | 162,926,000 | 157,108,000 | 158,862,000 | 160,061,000 |
| Noninterest-bearing deposits | 23,490,000 | 25,099,000 | 30,053,000 | 28,927,000 |
| Equity capital | 18,752,000 | 18,891,000 | 18,991,000 | 18,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,278,000 | 4,546,000 | 6,788,000 | 9,025,000 |
| Interest expense | 335,000 | 670,000 | 1,001,000 | 1,334,000 |
| Net interest income | 1,943,000 | 3,876,000 | 5,787,000 | 7,691,000 |
| Noninterest income | 205,000 | 423,000 | 660,000 | 894,000 |
| Noninterest expense | 1,291,000 | 2,587,000 | 3,861,000 | 5,225,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 45,000 |
| Pretax income | 842,000 | 1,685,000 | 2,544,000 | 3,318,000 |
| Income tax | 5,000 | 10,000 | 14,000 | 19,000 |
| Net income | 837,000 | 1,675,000 | 2,530,000 | 3,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,674,000 | 18,783,000 | 18,907,000 | 18,217,000 |
| Total capital | 20,404,000 | 20,528,000 | 20,667,000 | 19,895,000 |
| Risk-weighted assets | 155,738,000 | 155,913,000 | 152,307,000 | 158,376,000 |