Call reports 2004
STERLING BANK — 2004
What STERLING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 3,159,298,000 | 3,085,569,000 | 3,242,069,000 | 3,346,734,000 |
| Total loans | 2,147,975,000 | 2,167,484,000 | 2,226,433,000 | 2,344,977,000 |
| Allowance for loan losses | 26,609,000 | 27,329,000 | 27,959,000 | 30,232,000 |
| Securities available for sale | 501,870,000 | 457,075,000 | 530,443,000 | 534,586,000 |
| Securities held to maturity | 39,053,000 | 44,860,000 | 77,462,000 | 116,789,000 |
| Trading assets | 137,623,000 | 92,751,000 | 123,880,000 | 36,720,000 |
| Total deposits | 2,510,481,000 | 2,494,181,000 | 2,410,383,000 | 2,463,816,000 |
| Interest-bearing deposits | 1,643,844,000 | 1,642,837,000 | 1,513,188,000 | 1,560,142,000 |
| Noninterest-bearing deposits | 866,637,000 | 851,344,000 | 897,195,000 | 903,674,000 |
| Equity capital | 373,448,000 | 370,763,000 | 381,371,000 | 386,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 40,278,000 | 79,834,000 | 121,754,000 | 166,438,000 |
| Interest expense | 5,621,000 | 11,206,000 | 17,203,000 | 24,385,000 |
| Net interest income | 34,657,000 | 68,628,000 | 104,551,000 | 142,053,000 |
| Noninterest income | 6,900,000 | 17,282,000 | 23,759,000 | 29,114,000 |
| Noninterest expense | 28,601,000 | 57,016,000 | 85,882,000 | 116,210,000 |
| Provision for loan losses | 3,500,000 | 6,281,000 | 8,396,000 | 12,250,000 |
| Pretax income | 9,599,000 | 21,903,000 | 33,322,000 | 42,355,000 |
| Income tax | 3,114,000 | 7,011,000 | 10,655,000 | 12,247,000 |
| Net income | 6,485,000 | 14,892,000 | 22,667,000 | 30,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 304,932,000 | 310,653,000 | 316,362,000 | 322,413,000 |
| Total capital | 379,860,000 | 383,236,000 | 391,682,000 | 399,807,000 |
| Risk-weighted assets | 2,467,539,000 | 2,509,843,000 | 2,601,180,000 | 2,787,876,000 |