Call reports 2016
STERLING NATIONAL BANK — 2016
What STERLING NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 12,829,658,000 | 13,046,200,000 | 13,581,585,000 | 14,175,698,000 |
| Total loans | 8,313,400,000 | 8,651,544,000 | 9,250,435,000 | 9,569,121,000 |
| Allowance for loan losses | 53,014,000 | 55,865,000 | 59,405,000 | 63,622,000 |
| Securities available for sale | 1,891,917,000 | 1,609,856,000 | 1,417,614,000 | 1,727,417,000 |
| Securities held to maturity | 952,922,000 | 1,367,046,000 | 1,380,100,000 | 1,391,421,000 |
| Trading assets | 4,323,000 | 7,498,000 | 7,239,000 | 2,088,000 |
| Total deposits | 9,374,525,000 | 9,837,733,000 | 10,226,151,000 | 10,134,206,000 |
| Interest-bearing deposits | 6,317,030,000 | 6,661,582,000 | 6,861,541,000 | 6,988,011,000 |
| Noninterest-bearing deposits | 3,057,495,000 | 3,176,151,000 | 3,364,610,000 | 3,146,195,000 |
| Equity capital | 1,732,777,000 | 1,764,574,000 | 1,786,499,000 | 1,843,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 105,996,000 | 219,793,000 | 338,453,000 | 461,529,000 |
| Interest expense | 11,021,000 | 23,477,000 | 37,184,000 | 51,900,000 |
| Net interest income | 94,975,000 | 196,316,000 | 301,269,000 | 409,629,000 |
| Noninterest income | 15,652,000 | 32,056,000 | 47,282,000 | 61,055,000 |
| Noninterest expense | 67,154,000 | 124,831,000 | 184,737,000 | 239,779,000 |
| Provision for loan losses | 4,000,000 | 9,000,000 | 14,500,000 | 20,000,000 |
| Pretax income | 39,190,000 | 98,733,000 | 156,938,000 | 218,427,000 |
| Income tax | 13,327,000 | 32,843,000 | 51,090,000 | 71,067,000 |
| Net income | 25,863,000 | 65,890,000 | 105,848,000 | 147,360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,032,118,000 | 1,057,550,000 | 1,083,835,000 | 1,176,497,000 |
| Total capital | 1,193,805,000 | 1,222,125,000 | 1,316,234,000 | 1,413,165,000 |
| Risk-weighted assets | 9,474,851,000 | 9,884,404,000 | 10,399,699,000 | 10,822,688,000 |