Call reports 2003
STEARNS BANK NATIONAL ASSOCIATION — 2003
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 712,582,000 | 742,429,000 | 822,648,000 | 827,305,000 |
| Total loans | 568,340,000 | 597,585,000 | 642,458,000 | 684,723,000 |
| Allowance for loan losses | 12,625,000 | 12,222,000 | 13,576,000 | 14,944,000 |
| Securities available for sale | 105,339,000 | 110,383,000 | 113,850,000 | 116,082,000 |
| Securities held to maturity | 311,000 | 311,000 | 309,000 | 224,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 555,264,000 | 570,918,000 | 618,720,000 | 616,091,000 |
| Interest-bearing deposits | 501,020,000 | 517,150,000 | 556,415,000 | 550,072,000 |
| Noninterest-bearing deposits | 54,244,000 | 53,768,000 | 62,305,000 | 66,019,000 |
| Equity capital | 88,449,000 | 94,428,000 | 98,383,000 | 99,880,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 13,751,000 | 28,688,000 | 43,700,000 | 59,975,000 |
| Interest expense | 2,690,000 | 5,441,000 | 8,082,000 | 10,775,000 |
| Net interest income | 11,061,000 | 23,247,000 | 35,618,000 | 49,200,000 |
| Noninterest income | 401,000 | 862,000 | 1,866,000 | 2,955,000 |
| Noninterest expense | 5,235,000 | 9,624,000 | 14,530,000 | 19,752,000 |
| Provision for loan losses | 1,000,000 | 3,000,000 | 4,800,000 | 6,850,000 |
| Pretax income | 5,270,000 | 11,528,000 | 18,197,000 | 25,596,000 |
| Income tax | -4,593,000 | -4,464,000 | -4,335,000 | -4,206,000 |
| Net income | 9,863,000 | 15,992,000 | 22,532,000 | 29,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,464,000 | 92,592,000 | 99,132,000 | 101,613,000 |
| Total capital | 94,122,000 | 100,787,000 | 108,063,000 | 111,077,000 |
| Risk-weighted assets | 607,693,000 | 651,603,000 | 709,807,000 | 751,658,000 |