Call reports 2002
STERLING BANK — 2002
What STERLING BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 2,633,219,000 | 2,955,586,000 | 3,452,030,000 | 3,581,640,000 |
| Total loans | 1,919,364,000 | 2,194,260,000 | 2,624,391,000 | 2,644,862,000 |
| Allowance for loan losses | 22,786,000 | 24,217,000 | 26,128,000 | 27,621,000 |
| Securities available for sale | 225,814,000 | 236,791,000 | 222,065,000 | 251,165,000 |
| Securities held to maturity | 72,269,000 | 68,101,000 | 64,400,000 | 61,889,000 |
| Trading assets | 98,461,000 | 97,367,000 | 130,688,000 | 142,802,000 |
| Total deposits | 2,172,640,000 | 2,328,693,000 | 2,666,932,000 | 2,678,795,000 |
| Interest-bearing deposits | 1,382,511,000 | 1,446,100,000 | 1,655,149,000 | 1,656,615,000 |
| Noninterest-bearing deposits | 790,129,000 | 882,593,000 | 1,011,783,000 | 1,022,180,000 |
| Equity capital | 257,920,000 | 306,257,000 | 336,636,000 | 345,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 39,396,000 | 83,673,000 | 130,102,000 | 179,319,000 |
| Interest expense | 7,284,000 | 14,977,000 | 22,770,000 | 30,966,000 |
| Net interest income | 32,112,000 | 68,696,000 | 107,332,000 | 148,353,000 |
| Noninterest income | 15,143,000 | 37,518,000 | 59,291,000 | 83,576,000 |
| Noninterest expense | 31,190,000 | 70,640,000 | 112,810,000 | 154,007,000 |
| Provision for loan losses | 2,577,000 | 5,711,000 | 9,150,000 | 14,018,000 |
| Pretax income | 13,491,000 | 29,960,000 | 44,760,000 | 64,001,000 |
| Income tax | 4,383,000 | 9,916,000 | 14,908,000 | 21,330,000 |
| Net income | 9,108,000 | 20,044,000 | 29,852,000 | 42,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,283,000 | 247,383,000 | 272,173,000 | 280,803,000 |
| Total capital | 254,069,000 | 271,612,000 | 298,337,000 | 308,427,000 |
| Risk-weighted assets | 2,231,977,000 | 2,543,986,000 | 2,950,248,000 | 3,140,266,000 |