Call reports 2002
STEARNS BANK NATIONAL ASSOCIATION — 2002
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 553,309,000 | 578,506,000 | 623,836,000 | 650,605,000 |
| Total loans | 471,785,000 | 473,701,000 | 501,681,000 | 533,740,000 |
| Allowance for loan losses | 10,564,000 | 10,267,000 | 10,216,000 | 12,063,000 |
| Securities available for sale | 65,993,000 | 78,087,000 | 92,899,000 | 93,997,000 |
| Securities held to maturity | 319,000 | 319,000 | 317,000 | 311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,196,000 | 443,797,000 | 457,015,000 | 490,042,000 |
| Interest-bearing deposits | 374,605,000 | 397,985,000 | 404,945,000 | 435,743,000 |
| Noninterest-bearing deposits | 44,591,000 | 45,812,000 | 52,070,000 | 54,299,000 |
| Equity capital | 67,471,000 | 70,403,000 | 73,841,000 | 77,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 13,036,000 | 25,589,000 | 39,200,000 | 53,305,000 |
| Interest expense | 2,873,000 | 5,694,000 | 8,563,000 | 11,386,000 |
| Net interest income | 10,163,000 | 19,895,000 | 30,637,000 | 41,919,000 |
| Noninterest income | 969,000 | 1,678,000 | 2,225,000 | 2,763,000 |
| Noninterest expense | 4,194,000 | 8,675,000 | 13,319,000 | 18,071,000 |
| Provision for loan losses | 2,300,000 | 3,600,000 | 4,600,000 | 5,100,000 |
| Pretax income | 4,638,000 | 9,393,000 | 15,106,000 | 21,751,000 |
| Income tax | 1,909,000 | 3,858,000 | 6,222,000 | 8,958,000 |
| Net income | 2,729,000 | 5,535,000 | 8,884,000 | 12,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,399,000 | 69,705,000 | 73,054,000 | 76,963,000 |
| Total capital | 73,571,000 | 75,881,000 | 79,837,000 | 84,188,000 |
| Risk-weighted assets | 489,351,000 | 490,024,000 | 539,200,000 | 573,131,000 |