Call reports 2009
STERLING BANK — 2009
What STERLING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 5,075,939,000 | 4,911,222,000 | 4,857,351,000 | 4,936,950,000 |
| Total loans | 3,728,763,000 | 3,538,864,000 | 3,350,707,000 | 3,245,051,000 |
| Allowance for loan losses | 56,703,000 | 53,075,000 | 70,059,000 | 74,732,000 |
| Securities available for sale | 674,867,000 | 766,536,000 | 836,521,000 | 846,216,000 |
| Securities held to maturity | 169,972,000 | 163,611,000 | 162,990,000 | 222,845,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,910,631,000 | 3,939,064,000 | 3,985,221,000 | 4,069,276,000 |
| Interest-bearing deposits | 2,728,495,000 | 2,797,075,000 | 2,875,017,000 | 2,921,432,000 |
| Noninterest-bearing deposits | 1,182,136,000 | 1,141,989,000 | 1,110,204,000 | 1,147,844,000 |
| Equity capital | 721,166,000 | 637,725,000 | 611,183,000 | 607,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 62,499,000 | 123,929,000 | 183,865,000 | 241,540,000 |
| Interest expense | 12,749,000 | 24,450,000 | 35,449,000 | 45,306,000 |
| Net interest income | 49,750,000 | 99,479,000 | 148,416,000 | 196,234,000 |
| Noninterest income | 10,587,000 | 21,199,000 | 28,665,000 | 34,903,000 |
| Noninterest expense | 38,517,000 | 82,173,000 | 122,089,000 | 159,609,000 |
| Provision for loan losses | 9,552,000 | 21,052,000 | 75,433,000 | 86,433,000 |
| Pretax income | 12,283,000 | 17,466,000 | -20,425,000 | -16,711,000 |
| Income tax | 3,853,000 | 5,361,000 | -8,684,000 | -7,962,000 |
| Net income | 8,430,000 | 12,105,000 | -11,741,000 | -8,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 510,897,000 | 438,982,000 | 409,826,000 | 411,323,000 |
| Total capital | 630,387,000 | 545,307,000 | 514,052,000 | 513,793,000 |
| Risk-weighted assets | 4,141,417,000 | 4,004,561,000 | 3,787,281,000 | 3,653,860,000 |