Call reports 2007
STERLING BANK — 2007
What STERLING BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 4,334,458,000 | 4,411,715,000 | 4,438,605,000 | 4,538,396,000 |
| Total loans | 3,239,563,000 | 3,322,544,000 | 3,374,351,000 | 3,418,284,000 |
| Allowance for loan losses | 33,487,000 | 33,450,000 | 34,225,000 | 34,446,000 |
| Securities available for sale | 429,430,000 | 428,477,000 | 460,305,000 | 473,801,000 |
| Securities held to maturity | 165,276,000 | 177,075,000 | 176,846,000 | 180,086,000 |
| Trading assets | 85,000 | 398,000 | 0 | 0 |
| Total deposits | 3,682,429,000 | 3,737,344,000 | 3,668,520,000 | 3,684,828,000 |
| Interest-bearing deposits | 2,523,114,000 | 2,587,266,000 | 2,580,062,000 | 2,582,706,000 |
| Noninterest-bearing deposits | 1,159,315,000 | 1,150,078,000 | 1,088,458,000 | 1,102,122,000 |
| Equity capital | 522,895,000 | 522,454,000 | 539,005,000 | 554,792,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 68,095,000 | 140,654,000 | 214,906,000 | 288,853,000 |
| Interest expense | 22,035,000 | 45,981,000 | 71,372,000 | 96,386,000 |
| Net interest income | 46,060,000 | 94,673,000 | 143,534,000 | 192,467,000 |
| Noninterest income | 7,725,000 | 15,037,000 | 25,530,000 | 35,603,000 |
| Noninterest expense | 32,755,000 | 66,572,000 | 101,120,000 | 137,019,000 |
| Provision for loan losses | 370,000 | 1,370,000 | 2,220,000 | 3,820,000 |
| Pretax income | 20,660,000 | 41,768,000 | 65,724,000 | 87,234,000 |
| Income tax | 7,215,000 | 13,826,000 | 21,824,000 | 28,707,000 |
| Net income | 13,445,000 | 27,942,000 | 43,900,000 | 58,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 351,998,000 | 347,441,000 | 356,640,000 | 364,247,000 |
| Total capital | 432,878,000 | 427,224,000 | 438,776,000 | 448,312,000 |
| Risk-weighted assets | 3,892,137,000 | 3,935,197,000 | 4,057,364,000 | 4,086,587,000 |