Call reports 2018
STERLING BANK — 2018
What STERLING BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 236,282,000 | 236,591,000 | 236,962,000 | 239,872,000 |
| Total loans | 165,821,000 | 167,684,000 | 165,654,000 | 168,639,000 |
| Allowance for loan losses | 1,511,000 | 1,557,000 | 1,601,000 | 1,642,000 |
| Securities available for sale | 6,612,000 | 6,598,000 | 6,518,000 | 6,117,000 |
| Securities held to maturity | 48,163,000 | 48,213,000 | 47,801,000 | 47,851,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,947,000 | 207,557,000 | 215,334,000 | 216,249,000 |
| Interest-bearing deposits | 178,170,000 | 178,101,000 | 184,864,000 | 185,988,000 |
| Noninterest-bearing deposits | 28,777,000 | 29,456,000 | 30,470,000 | 30,261,000 |
| Equity capital | 20,371,000 | 20,532,000 | 20,730,000 | 20,318,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,426,000 | 4,941,000 | 7,514,000 | 10,142,000 |
| Interest expense | 354,000 | 746,000 | 1,157,000 | 1,591,000 |
| Net interest income | 2,072,000 | 4,195,000 | 6,357,000 | 8,551,000 |
| Noninterest income | 237,000 | 512,000 | 796,000 | 1,050,000 |
| Noninterest expense | 1,414,000 | 2,811,000 | 4,208,000 | 5,652,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 850,000 | 1,806,000 | 2,810,000 | 3,769,000 |
| Income tax | 4,000 | 7,000 | 10,000 | 12,000 |
| Net income | 846,000 | 1,799,000 | 2,800,000 | 3,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,610,000 | 20,838,000 | 21,114,000 | 20,621,000 |
| Total capital | 22,121,000 | 22,395,000 | 22,715,000 | 22,263,000 |
| Risk-weighted assets | 178,757,000 | 176,834,000 | 175,347,000 | 178,640,000 |