Call reports 2021
STERLING BANK — 2021
What STERLING BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 299,568,000 | 308,013,000 | 310,572,000 | 322,042,000 |
| Total loans | 169,458,000 | 164,770,000 | 160,466,000 | 171,424,000 |
| Allowance for loan losses | 1,902,000 | 1,917,000 | 1,932,000 | 1,947,000 |
| Securities available for sale | 19,864,000 | 16,068,000 | 13,523,000 | 21,054,000 |
| Securities held to maturity | 56,925,000 | 62,264,000 | 71,538,000 | 78,323,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,647,000 | 280,596,000 | 282,570,000 | 294,323,000 |
| Interest-bearing deposits | 217,698,000 | 220,903,000 | 226,364,000 | 235,610,000 |
| Noninterest-bearing deposits | 55,949,000 | 59,693,000 | 56,206,000 | 58,713,000 |
| Equity capital | 24,814,000 | 25,960,000 | 26,805,000 | 26,479,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,489,000 | 5,790,000 | 9,262,000 | 11,684,000 |
| Interest expense | 310,000 | 613,000 | 918,000 | 1,212,000 |
| Net interest income | 2,179,000 | 5,177,000 | 8,344,000 | 10,472,000 |
| Noninterest income | 524,000 | 1,057,000 | 1,538,000 | 1,966,000 |
| Noninterest expense | 1,552,000 | 3,209,000 | 4,916,000 | 6,621,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 1,136,000 | 2,995,000 | 4,921,000 | 5,757,000 |
| Income tax | 3,000 | 8,000 | 11,000 | 13,000 |
| Net income | 1,133,000 | 2,987,000 | 4,910,000 | 5,744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,506,000 | 25,610,000 | 26,533,000 | 26,367,000 |
| Total capital | 26,408,000 | 27,527,000 | 28,465,000 | 28,314,000 |
| Risk-weighted assets | 162,564,000 | 167,489,000 | 176,325,000 | 195,206,000 |