Call reports 2021
STERLING NATIONAL BANK — 2021
What STERLING NATIONAL 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 | 29,831,446,000 | 29,057,043,000 | 29,938,002,000 | 29,558,731,000 |
| Total loans | 21,188,210,000 | 20,743,185,000 | 21,276,549,000 | 21,363,880,000 |
| Allowance for loan losses | 323,186,000 | 314,873,000 | 309,915,000 | 278,232,000 |
| Securities available for sale | 2,524,671,000 | 2,671,000,000 | 2,614,822,000 | 2,795,718,000 |
| Securities held to maturity | 1,718,285,000 | 1,696,219,000 | 1,669,896,000 | 1,639,236,000 |
| Trading assets | 105,772,000 | 107,361,000 | 94,524,000 | 69,520,000 |
| Total deposits | 24,044,880,000 | 23,345,671,000 | 24,130,341,000 | 22,959,164,000 |
| Interest-bearing deposits | 18,255,057,000 | 17,302,812,000 | 17,297,403,000 | 16,528,921,000 |
| Noninterest-bearing deposits | 5,789,823,000 | 6,042,859,000 | 6,832,938,000 | 6,430,243,000 |
| Equity capital | 4,924,012,000 | 5,003,433,000 | 5,097,157,000 | 5,204,362,000 |
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 | 233,847,000 | 464,157,000 | 689,246,000 | 917,918,000 |
| Interest expense | 10,885,000 | 17,611,000 | 23,810,000 | 30,078,000 |
| Net interest income | 222,962,000 | 446,546,000 | 665,436,000 | 887,840,000 |
| Noninterest income | 31,800,000 | 62,481,000 | 93,458,000 | 133,962,000 |
| Noninterest expense | 111,252,000 | 224,859,000 | 342,934,000 | 462,657,000 |
| Provision for loan losses | 10,000,000 | 16,000,000 | 16,000,000 | -4,000,000 |
| Pretax income | 134,229,000 | 269,557,000 | 403,090,000 | 567,261,000 |
| Income tax | 24,833,000 | 52,047,000 | 80,101,000 | 120,930,000 |
| Net income | 109,396,000 | 217,510,000 | 322,989,000 | 446,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,269,545,000 | 3,341,494,000 | 3,448,597,000 | 3,567,157,000 |
| Total capital | 3,590,726,000 | 3,522,227,000 | 3,626,007,000 | 3,722,045,000 |
| Risk-weighted assets | 23,291,525,000 | 23,145,877,000 | 23,757,225,000 | 23,788,360,000 |