Call reports 2019
STERLING BANK — 2019
What STERLING BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 240,525,000 | 241,611,000 | 249,789,000 | 248,865,000 |
| Total loans | 167,097,000 | 165,264,000 | 168,684,000 | 166,924,000 |
| Allowance for loan losses | 1,687,000 | 1,732,000 | 1,778,000 | 1,822,000 |
| Securities available for sale | 6,120,000 | 6,200,000 | 5,162,000 | 6,611,000 |
| Securities held to maturity | 47,214,000 | 46,965,000 | 47,716,000 | 46,716,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,076,000 | 218,842,000 | 226,267,000 | 226,573,000 |
| Interest-bearing deposits | 187,195,000 | 187,236,000 | 192,585,000 | 194,424,000 |
| Noninterest-bearing deposits | 30,881,000 | 31,606,000 | 33,682,000 | 32,149,000 |
| Equity capital | 21,407,000 | 21,702,000 | 22,317,000 | 21,334,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,608,000 | 5,230,000 | 7,924,000 | 10,611,000 |
| Interest expense | 471,000 | 962,000 | 1,482,000 | 1,953,000 |
| Net interest income | 2,137,000 | 4,268,000 | 6,442,000 | 8,658,000 |
| Noninterest income | 228,000 | 462,000 | 888,000 | 1,254,000 |
| Noninterest expense | 1,464,000 | 2,906,000 | 4,260,000 | 5,719,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 856,000 | 1,734,000 | 2,935,000 | 4,013,000 |
| Income tax | 3,000 | 8,000 | 11,000 | 15,000 |
| Net income | 853,000 | 1,726,000 | 2,924,000 | 3,998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,473,000 | 21,622,000 | 22,070,000 | 21,108,000 |
| Total capital | 23,160,000 | 23,354,000 | 23,848,000 | 22,930,000 |
| Risk-weighted assets | 175,666,000 | 173,922,000 | 177,028,000 | 175,077,000 |