Call reports 2003
STERLING BANK — 2003
What STERLING BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 3,239,298,000 | 3,442,894,000 | 3,122,339,000 | 3,110,091,000 |
| Total loans | 2,461,227,000 | 2,646,486,000 | 2,321,982,000 | 2,092,881,000 |
| Allowance for loan losses | 29,503,000 | 32,740,000 | 31,350,000 | 29,884,000 |
| Securities available for sale | 232,172,000 | 225,785,000 | 288,766,000 | 488,686,000 |
| Securities held to maturity | 56,593,000 | 53,473,000 | 45,973,000 | 42,157,000 |
| Trading assets | 100,252,000 | 137,784,000 | 131,597,000 | 172,825,000 |
| Total deposits | 2,535,106,000 | 2,600,814,000 | 2,422,930,000 | 2,289,746,000 |
| Interest-bearing deposits | 1,565,813,000 | 1,563,128,000 | 1,454,470,000 | 1,471,585,000 |
| Noninterest-bearing deposits | 969,293,000 | 1,037,686,000 | 968,460,000 | 818,161,000 |
| Equity capital | 353,487,000 | 353,660,000 | 376,463,000 | 349,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 44,476,000 | 89,545,000 | 133,701,000 | 171,133,000 |
| Interest expense | 7,035,000 | 14,466,000 | 21,023,000 | 26,118,000 |
| Net interest income | 37,441,000 | 75,079,000 | 112,678,000 | 145,015,000 |
| Noninterest income | 29,532,000 | 51,400,000 | 24,925,000 | 31,834,000 |
| Noninterest expense | 42,845,000 | 84,507,000 | 82,213,000 | 109,525,000 |
| Provision for loan losses | 5,392,000 | 14,256,000 | 14,698,000 | 17,698,000 |
| Pretax income | 19,110,000 | 28,090,000 | 41,066,000 | 50,524,000 |
| Income tax | 6,558,000 | 9,406,000 | 13,714,000 | 16,848,000 |
| Net income | 12,552,000 | 18,684,000 | 47,414,000 | 54,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 293,642,000 | 296,022,000 | 322,137,000 | 296,147,000 |
| Total capital | 323,176,000 | 378,016,000 | 400,940,000 | 372,564,000 |
| Risk-weighted assets | 2,766,927,000 | 2,737,776,000 | 2,617,644,000 | 2,418,018,000 |