Call reports 2006
STERLING BANK — 2006
What STERLING BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 3,765,611,000 | 3,789,752,000 | 4,260,857,000 | 4,114,661,000 |
| Total loans | 2,758,729,000 | 2,880,876,000 | 3,103,133,000 | 3,132,567,000 |
| Allowance for loan losses | 31,116,000 | 31,882,000 | 34,146,000 | 32,027,000 |
| Securities available for sale | 480,708,000 | 448,550,000 | 522,021,000 | 402,966,000 |
| Securities held to maturity | 124,346,000 | 120,153,000 | 167,243,000 | 164,263,000 |
| Trading assets | 16,615,000 | 0 | 0 | 0 |
| Total deposits | 2,988,011,000 | 2,989,872,000 | 3,323,549,000 | 3,338,820,000 |
| Interest-bearing deposits | 1,928,260,000 | 1,950,644,000 | 2,273,266,000 | 2,276,481,000 |
| Noninterest-bearing deposits | 1,059,751,000 | 1,039,228,000 | 1,050,283,000 | 1,062,339,000 |
| Equity capital | 413,797,000 | 390,579,000 | 481,622,000 | 458,967,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 58,145,000 | 120,571,000 | 185,581,000 | 255,672,000 |
| Interest expense | 15,428,000 | 33,390,000 | 54,104,000 | 77,352,000 |
| Net interest income | 42,717,000 | 87,181,000 | 131,477,000 | 178,320,000 |
| Noninterest income | 6,225,000 | 15,204,000 | 22,424,000 | 30,080,000 |
| Noninterest expense | 30,542,000 | 62,217,000 | 93,820,000 | 127,767,000 |
| Provision for loan losses | 1,524,000 | 3,446,000 | 4,304,000 | 4,304,000 |
| Pretax income | 16,876,000 | 36,722,000 | 55,777,000 | 76,533,000 |
| Income tax | 5,557,000 | 12,156,000 | 18,078,000 | 24,968,000 |
| Net income | 11,319,000 | 24,566,000 | 37,699,000 | 51,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 334,737,000 | 315,356,000 | 347,526,000 | 322,423,000 |
| Total capital | 411,936,000 | 392,484,000 | 428,615,000 | 401,511,000 |
| Risk-weighted assets | 3,399,229,000 | 3,462,554,000 | 3,757,350,000 | 3,793,120,000 |