Call reports 2020
STERLING BANK — 2020
What STERLING BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 251,627,000 | 279,542,000 | 288,854,000 | 284,196,000 |
| Total loans | 160,609,000 | 173,515,000 | 177,519,000 | 158,551,000 |
| Allowance for loan losses | 1,837,000 | 1,852,000 | 1,867,000 | 1,883,000 |
| Securities available for sale | 6,294,000 | 5,835,000 | 6,067,000 | 20,035,000 |
| Securities held to maturity | 47,896,000 | 48,980,000 | 49,805,000 | 56,383,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,213,000 | 251,163,000 | 259,901,000 | 259,134,000 |
| Interest-bearing deposits | 192,811,000 | 203,938,000 | 209,623,000 | 208,289,000 |
| Noninterest-bearing deposits | 35,402,000 | 47,225,000 | 50,278,000 | 50,845,000 |
| Equity capital | 22,392,000 | 23,231,000 | 23,888,000 | 23,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,633,000 | 5,252,000 | 7,838,000 | 10,603,000 |
| Interest expense | 467,000 | 853,000 | 1,212,000 | 1,544,000 |
| Net interest income | 2,166,000 | 4,399,000 | 6,626,000 | 9,059,000 |
| Noninterest income | 293,000 | 955,000 | 1,600,000 | 2,274,000 |
| Noninterest expense | 1,522,000 | 3,014,000 | 4,492,000 | 6,093,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 922,000 | 2,310,000 | 3,689,000 | 5,180,000 |
| Income tax | 3,000 | 7,000 | 11,000 | 15,000 |
| Net income | 919,000 | 2,303,000 | 3,678,000 | 5,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,028,000 | 22,686,000 | 23,337,000 | 23,374,000 |
| Total capital | 23,865,000 | 24,538,000 | 25,204,000 | 25,257,000 |
| Risk-weighted assets | 167,871,000 | 162,693,000 | 167,563,000 | 165,457,000 |