Call reports 2004
STEARNS BANK NATIONAL ASSOCIATION — 2004
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 845,394,000 | 874,731,000 | 930,264,000 | 967,951,000 |
| Total loans | 699,563,000 | 778,152,000 | 834,174,000 | 883,697,000 |
| Allowance for loan losses | 15,631,000 | 17,105,000 | 18,360,000 | 20,758,000 |
| Securities available for sale | 96,708,000 | 81,153,000 | 76,089,000 | 64,411,000 |
| Securities held to maturity | 220,000 | 220,000 | 4,213,000 | 4,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 623,455,000 | 630,068,000 | 696,393,000 | 742,089,000 |
| Interest-bearing deposits | 562,171,000 | 571,868,000 | 630,908,000 | 670,678,000 |
| Noninterest-bearing deposits | 61,284,000 | 58,200,000 | 65,485,000 | 71,411,000 |
| Equity capital | 109,991,000 | 102,487,000 | 110,385,000 | 112,708,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 16,193,000 | 33,541,000 | 51,378,000 | 71,704,000 |
| Interest expense | 2,706,000 | 5,365,000 | 8,416,000 | 12,129,000 |
| Net interest income | 13,487,000 | 28,176,000 | 42,962,000 | 59,575,000 |
| Noninterest income | 333,000 | 904,000 | 1,700,000 | 2,440,000 |
| Noninterest expense | 4,986,000 | 10,393,000 | 15,968,000 | 22,342,000 |
| Provision for loan losses | 775,000 | 2,450,000 | 3,850,000 | 6,350,000 |
| Pretax income | 8,233,000 | 16,368,000 | 25,039,000 | 33,384,000 |
| Income tax | 86,000 | 86,000 | 86,000 | 86,000 |
| Net income | 8,147,000 | 16,282,000 | 24,953,000 | 33,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,760,000 | 106,746,000 | 111,717,000 | 115,287,000 |
| Total capital | 119,661,000 | 117,902,000 | 123,636,000 | 127,750,000 |
| Risk-weighted assets | 786,356,000 | 886,553,000 | 947,061,000 | 988,733,000 |