Call reports 2013
STERLING NATIONAL BANK — 2013
What STERLING NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Total assets | 2,735,415,000 | 2,710,263,000 | 2,751,335,000 |
| Total loans | 1,745,455,000 | 1,790,244,000 | 1,838,275,000 |
| Allowance for loan losses | 22,520,000 | 22,594,000 | 22,123,000 |
| Securities available for sale | 276,814,000 | 290,472,000 | 241,835,000 |
| Securities held to maturity | 387,114,000 | 383,595,000 | 391,010,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 2,298,958,000 | 2,247,218,000 | 2,316,011,000 |
| Interest-bearing deposits | 1,387,480,000 | 1,301,407,000 | 1,378,649,000 |
| Noninterest-bearing deposits | 911,478,000 | 945,811,000 | 937,362,000 |
| Equity capital | 234,226,000 | 240,725,000 | 239,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Interest income | 26,657,000 | 53,535,000 | 80,945,000 |
| Interest expense | 2,057,000 | 4,016,000 | 5,935,000 |
| Net interest income | 24,600,000 | 49,519,000 | 75,010,000 |
| Noninterest income | 10,621,000 | 20,441,000 | 27,804,000 |
| Noninterest expense | 25,668,000 | 48,766,000 | 72,483,000 |
| Provision for loan losses | 2,000,000 | 3,500,000 | 5,000,000 |
| Pretax income | 7,685,000 | 18,039,000 | 25,755,000 |
| Income tax | 2,612,000 | 6,173,000 | 8,816,000 |
| Net income | 5,073,000 | 11,866,000 | 16,939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Tier 1 capital | 243,519,000 | 250,331,000 | 247,533,000 |
| Total capital | 267,609,000 | 274,504,000 | 271,683,000 |
| Risk-weighted assets | 2,109,427,000 | 2,164,699,000 | 2,145,713,000 |