Call reports 2016
STERLING BANK — 2016
What STERLING BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 225,673,000 | 220,651,000 | 222,107,000 | 224,301,000 |
| Total loans | 156,414,000 | 152,488,000 | 154,905,000 | 155,346,000 |
| Allowance for loan losses | 1,551,000 | 1,581,000 | 1,611,000 | 1,492,000 |
| Securities available for sale | 4,524,000 | 4,267,000 | 3,882,000 | 3,823,000 |
| Securities held to maturity | 51,275,000 | 51,528,000 | 52,140,000 | 52,132,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,294,000 | 194,551,000 | 197,920,000 | 194,420,000 |
| Interest-bearing deposits | 175,720,000 | 165,335,000 | 169,558,000 | 167,800,000 |
| Noninterest-bearing deposits | 27,574,000 | 29,216,000 | 28,362,000 | 26,620,000 |
| Equity capital | 19,509,000 | 19,780,000 | 20,016,000 | 18,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,290,000 | 4,664,000 | 6,968,000 | 9,277,000 |
| Interest expense | 313,000 | 627,000 | 935,000 | 1,247,000 |
| Net interest income | 1,977,000 | 4,037,000 | 6,033,000 | 8,030,000 |
| Noninterest income | 240,000 | 517,000 | 824,000 | 1,082,000 |
| Noninterest expense | 1,366,000 | 2,714,000 | 4,045,000 | 5,445,000 |
| Provision for loan losses | 15,000 | 45,000 | 75,000 | 105,000 |
| Pretax income | 836,000 | 1,795,000 | 2,737,000 | 3,562,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 17,000 |
| Net income | 831,000 | 1,785,000 | 2,722,000 | 3,545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,440,000 | 19,709,000 | 19,961,000 | 19,000,000 |
| Total capital | 20,991,000 | 21,290,000 | 21,572,000 | 20,492,000 |
| Risk-weighted assets | 170,086,000 | 164,697,000 | 165,813,000 | 167,491,000 |