Call reports 2017
STERLING BANK — 2017
What STERLING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 227,563,000 | 227,181,000 | 228,125,000 | 231,455,000 |
| Total loans | 154,728,000 | 156,842,000 | 157,697,000 | 161,891,000 |
| Allowance for loan losses | 1,522,000 | 1,552,000 | 1,421,000 | 1,466,000 |
| Securities available for sale | 3,592,000 | 3,621,000 | 3,861,000 | 5,478,000 |
| Securities held to maturity | 52,387,000 | 52,351,000 | 51,624,000 | 49,747,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,911,000 | 204,277,000 | 205,074,000 | 203,975,000 |
| Interest-bearing deposits | 174,542,000 | 170,838,000 | 171,529,000 | 173,799,000 |
| Noninterest-bearing deposits | 30,369,000 | 33,439,000 | 33,545,000 | 30,176,000 |
| Equity capital | 19,760,000 | 19,970,000 | 20,221,000 | 19,675,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,263,000 | 4,583,000 | 6,947,000 | 9,378,000 |
| Interest expense | 311,000 | 625,000 | 948,000 | 1,285,000 |
| Net interest income | 1,952,000 | 3,958,000 | 5,999,000 | 8,093,000 |
| Noninterest income | 265,000 | 536,000 | 848,000 | 1,111,000 |
| Noninterest expense | 1,385,000 | 2,766,000 | 4,113,000 | 5,517,000 |
| Provision for loan losses | 30,000 | 60,000 | 125,000 | 170,000 |
| Pretax income | 802,000 | 1,668,000 | 2,609,000 | 3,517,000 |
| Income tax | 2,000 | 5,000 | 10,000 | 13,000 |
| Net income | 800,000 | 1,663,000 | 2,599,000 | 3,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,800,000 | 19,977,000 | 20,229,000 | 19,764,000 |
| Total capital | 21,322,000 | 21,529,000 | 21,650,000 | 21,230,000 |
| Risk-weighted assets | 168,045,000 | 169,395,000 | 172,065,000 | 177,167,000 |