Call reports 2007
STEARNS BANK NATIONAL ASSOCIATION — 2007
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,281,313,000 | 1,298,120,000 | 1,337,352,000 | 1,298,635,000 |
| Total loans | 1,191,498,000 | 1,226,303,000 | 1,216,503,000 | 1,204,880,000 |
| Allowance for loan losses | 27,442,000 | 28,645,000 | 23,209,000 | 30,875,000 |
| Securities available for sale | 62,534,000 | 58,440,000 | 56,702,000 | 57,637,000 |
| Securities held to maturity | 5,282,000 | 5,296,000 | 5,198,000 | 5,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 987,631,000 | 955,176,000 | 1,015,692,000 | 1,008,072,000 |
| Interest-bearing deposits | 915,886,000 | 877,558,000 | 934,448,000 | 898,515,000 |
| Noninterest-bearing deposits | 71,745,000 | 77,618,000 | 81,244,000 | 109,557,000 |
| Equity capital | 176,871,000 | 180,193,000 | 191,698,000 | 217,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 31,882,000 | 64,800,000 | 98,417,000 | 150,075,000 |
| Interest expense | 11,567,000 | 23,717,000 | 35,952,000 | 52,173,000 |
| Net interest income | 20,315,000 | 41,083,000 | 62,465,000 | 97,902,000 |
| Noninterest income | 2,361,000 | 3,903,000 | 5,321,000 | 8,051,000 |
| Noninterest expense | 6,860,000 | 13,535,000 | 20,665,000 | 31,245,000 |
| Provision for loan losses | 1,900,000 | 3,800,000 | 7,400,000 | 28,590,000 |
| Pretax income | 13,916,000 | 27,651,000 | 39,721,000 | 46,118,000 |
| Income tax | 5,000 | 5,000 | 0 | 0 |
| Net income | 13,911,000 | 27,646,000 | 39,721,000 | 46,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,924,000 | 185,358,000 | 195,825,000 | 222,275,000 |
| Total capital | 196,691,000 | 202,327,000 | 212,608,000 | 238,868,000 |
| Risk-weighted assets | 1,330,708,000 | 1,345,853,000 | 1,336,222,000 | 1,313,171,000 |