Call reports 2020
STERLING NATIONAL BANK — 2020
What STERLING NATIONAL 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 | 30,259,156,000 | 30,762,201,000 | 30,539,176,000 | 29,739,853,000 |
| Total loans | 21,718,081,000 | 22,339,704,000 | 22,318,766,000 | 21,860,158,000 |
| Allowance for loan losses | 326,444,000 | 365,489,000 | 325,943,000 | 326,100,000 |
| Securities available for sale | 2,660,835,000 | 2,620,624,000 | 2,419,458,000 | 2,298,618,000 |
| Securities held to maturity | 1,956,177,000 | 1,927,454,000 | 1,783,391,000 | 1,742,337,000 |
| Trading assets | 166,432,000 | 174,553,000 | 166,095,000 | 149,797,000 |
| Total deposits | 22,911,335,000 | 23,755,113,000 | 24,432,505,000 | 23,307,929,000 |
| Interest-bearing deposits | 18,412,524,000 | 18,245,533,000 | 18,441,567,000 | 17,754,833,000 |
| Noninterest-bearing deposits | 4,498,811,000 | 5,509,580,000 | 5,990,938,000 | 5,553,096,000 |
| Equity capital | 4,544,425,000 | 4,598,441,000 | 4,665,267,000 | 4,881,841,000 |
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 | 273,528,000 | 526,753,000 | 771,411,000 | 1,014,021,000 |
| Interest expense | 57,494,000 | 93,753,000 | 117,785,000 | 134,033,000 |
| Net interest income | 216,034,000 | 433,000,000 | 653,626,000 | 879,988,000 |
| Noninterest income | 34,292,000 | 59,003,000 | 86,927,000 | 121,009,000 |
| Noninterest expense | 108,540,000 | 225,966,000 | 339,361,000 | 467,221,000 |
| Provision for loan losses | 136,577,000 | 193,183,000 | 224,183,000 | 251,683,000 |
| Pretax income | 16,797,000 | 84,927,000 | 190,725,000 | 295,698,000 |
| Income tax | -6,454,000 | 3,649,000 | 16,875,000 | 37,219,000 |
| Net income | 23,251,000 | 81,278,000 | 173,850,000 | 258,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,869,144,000 | 2,914,971,000 | 2,975,443,000 | 3,198,145,000 |
| Total capital | 3,223,006,000 | 3,298,179,000 | 3,328,305,000 | 3,521,458,000 |
| Risk-weighted assets | 23,541,260,000 | 23,814,481,000 | 23,705,727,000 | 23,907,372,000 |