Call reports 2017
STERLING NATIONAL BANK — 2017
What STERLING NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 14,644,735,000 | 15,344,598,000 | 16,749,088,000 | 30,341,593,000 |
| Total loans | 9,766,527,000 | 10,232,317,000 | 10,493,535,000 | 20,014,229,000 |
| Allowance for loan losses | 66,939,000 | 70,151,000 | 72,128,000 | 77,907,000 |
| Securities available for sale | 1,941,671,000 | 2,095,872,000 | 2,579,077,000 | 3,612,072,000 |
| Securities held to maturity | 1,474,724,000 | 1,456,304,000 | 1,936,574,000 | 2,862,489,000 |
| Trading assets | 2,462,000 | 3,864,000 | 4,783,000 | 4,457,000 |
| Total deposits | 10,320,398,000 | 10,567,551,000 | 11,117,766,000 | 20,758,671,000 |
| Interest-bearing deposits | 7,156,945,000 | 7,211,895,000 | 7,971,883,000 | 16,533,664,000 |
| Noninterest-bearing deposits | 3,163,453,000 | 3,355,656,000 | 3,145,883,000 | 4,225,007,000 |
| Equity capital | 1,871,836,000 | 1,923,832,000 | 1,958,581,000 | 4,373,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 126,001,000 | 260,261,000 | 405,952,000 | 682,440,000 |
| Interest expense | 16,071,000 | 35,936,000 | 60,413,000 | 100,140,000 |
| Net interest income | 109,930,000 | 224,325,000 | 345,539,000 | 582,300,000 |
| Noninterest income | 11,629,000 | 25,678,000 | 39,333,000 | 63,111,000 |
| Noninterest expense | 57,118,000 | 114,694,000 | 174,853,000 | 422,715,000 |
| Provision for loan losses | 4,500,000 | 9,000,000 | 14,000,000 | 26,000,000 |
| Pretax income | 59,918,000 | 126,056,000 | 195,745,000 | 196,352,000 |
| Income tax | 19,472,000 | 40,967,000 | 63,616,000 | 95,197,000 |
| Net income | 40,446,000 | 85,089,000 | 132,129,000 | 101,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,197,463,000 | 1,243,271,000 | 1,276,461,000 | 2,770,381,000 |
| Total capital | 1,437,500,000 | 1,486,574,000 | 1,521,795,000 | 3,021,658,000 |
| Risk-weighted assets | 11,099,054,000 | 11,679,690,000 | 12,255,284,000 | 19,865,162,000 |