Call reports 2011
STERLING BANK — 2011
What STERLING BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Total assets | 5,047,517,000 | 5,058,752,000 |
| Total loans | 2,601,655,000 | 2,410,651,000 |
| Allowance for loan losses | 75,535,000 | 78,002,000 |
| Securities available for sale | 1,343,536,000 | 1,298,567,000 |
| Securities held to maturity | 246,768,000 | 235,326,000 |
| Trading assets | 0 | 0 |
| Total deposits | 4,153,348,000 | 4,160,629,000 |
| Interest-bearing deposits | 2,861,733,000 | 2,889,747,000 |
| Noninterest-bearing deposits | 1,291,615,000 | 1,270,881,000 |
| Equity capital | 662,706,000 | 662,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Interest income | 46,525,000 | 91,814,000 |
| Interest expense | 6,124,000 | 11,999,000 |
| Net interest income | 40,401,000 | 79,815,000 |
| Noninterest income | 9,379,000 | 12,614,000 |
| Noninterest expense | 38,171,000 | 83,061,000 |
| Provision for loan losses | 10,800,000 | 20,000,000 |
| Pretax income | 380,000 | -12,199,000 |
| Income tax | -1,014,000 | -2,919,000 |
| Net income | 1,394,000 | -9,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Tier 1 capital | 447,820,000 | 452,156,000 |
| Total capital | 533,928,000 | 525,361,000 |
| Risk-weighted assets | 3,166,427,000 | 2,971,821,000 |