Call reports 2022
STERLING BANK — 2022
What STERLING BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 327,789,000 | 329,785,000 | 334,062,000 | 333,630,000 |
| Total loans | 174,982,000 | 180,523,000 | 194,180,000 | 207,192,000 |
| Allowance for loan losses | 1,962,000 | 1,977,000 | 1,992,000 | 2,008,000 |
| Securities available for sale | 21,087,000 | 20,445,000 | 20,062,000 | 20,159,000 |
| Securities held to maturity | 90,207,000 | 96,348,000 | 97,286,000 | 95,141,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,508,000 | 302,826,000 | 307,237,000 | 295,180,000 |
| Interest-bearing deposits | 239,442,000 | 239,511,000 | 239,592,000 | 234,165,000 |
| Noninterest-bearing deposits | 61,066,000 | 63,315,000 | 67,645,000 | 61,015,000 |
| Equity capital | 26,169,000 | 25,745,000 | 25,626,000 | 25,460,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,408,000 | 4,986,000 | 7,838,000 | 10,864,000 |
| Interest expense | 263,000 | 517,000 | 842,000 | 1,264,000 |
| Net interest income | 2,145,000 | 4,469,000 | 6,996,000 | 9,600,000 |
| Noninterest income | 360,000 | 715,000 | 1,033,000 | 1,337,000 |
| Noninterest expense | 1,588,000 | 3,190,000 | 4,809,000 | 6,441,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 902,000 | 1,964,000 | 3,175,000 | 4,436,000 |
| Income tax | 3,000 | 8,000 | 13,000 | 19,000 |
| Net income | 899,000 | 1,956,000 | 3,162,000 | 4,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,266,000 | 27,573,000 | 28,029,000 | 27,784,000 |
| Total capital | 29,228,000 | 29,550,000 | 30,021,000 | 29,792,000 |
| Risk-weighted assets | 197,305,000 | 207,042,000 | 216,481,000 | 225,593,000 |