Call reports 2008
STERLING SAVINGS BANK — 2008
What STERLING SAVINGS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 12,189,506,000 | 12,215,752,000 | 12,144,864,000 | 12,264,416,000 |
| Total loans | 8,894,132,000 | 9,008,029,000 | 8,819,808,000 | 8,654,516,000 |
| Allowance for loan losses | 143,171,000 | 159,047,000 | 107,673,000 | 201,475,000 |
| Securities available for sale | 2,142,143,000 | 2,020,755,000 | 2,098,113,000 | 2,606,746,000 |
| Securities held to maturity | 148,951,000 | 157,271,000 | 155,527,000 | 154,967,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,502,562,000 | 7,638,566,000 | 7,757,204,000 | 8,016,108,000 |
| Interest-bearing deposits | 6,590,815,000 | 6,725,580,000 | 6,805,133,000 | 7,102,495,000 |
| Noninterest-bearing deposits | 911,747,000 | 912,986,000 | 952,071,000 | 913,613,000 |
| Equity capital | 1,392,723,000 | 1,374,308,000 | 1,372,343,000 | 1,234,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 182,654,000 | 357,559,000 | 528,495,000 | 692,295,000 |
| Interest expense | 88,097,000 | 167,157,000 | 246,424,000 | 325,129,000 |
| Net interest income | 94,557,000 | 190,402,000 | 282,071,000 | 367,166,000 |
| Noninterest income | 15,955,000 | 34,013,000 | 52,156,000 | 49,520,000 |
| Noninterest expense | 66,431,000 | 132,936,000 | 199,254,000 | 500,555,000 |
| Provision for loan losses | 36,700,000 | 66,050,000 | 102,050,000 | 312,050,000 |
| Pretax income | 7,789,000 | 25,837,000 | 33,332,000 | -395,510,000 |
| Income tax | 2,527,000 | 7,726,000 | 8,872,000 | -70,851,000 |
| Net income | 5,262,000 | 18,111,000 | 24,460,000 | -324,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 934,812,000 | 938,654,000 | 936,177,000 | 1,007,644,000 |
| Total capital | 1,062,214,000 | 1,066,475,000 | 1,053,041,000 | 1,131,223,000 |
| Risk-weighted assets | 9,927,214,000 | 9,945,241,000 | 9,818,992,000 | 9,544,254,000 |