Call reports 2009
STEARNS BANK NATIONAL ASSOCIATION — 2009
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 872,583,000 | 929,979,000 | 1,429,533,000 | 1,325,054,000 |
| Total loans | 726,074,000 | 707,826,000 | 1,024,184,000 | 941,841,000 |
| Allowance for loan losses | 19,134,000 | 14,843,000 | 41,460,000 | 29,256,000 |
| Securities available for sale | 59,792,000 | 52,030,000 | 110,091,000 | 97,734,000 |
| Securities held to maturity | 4,093,000 | 4,003,000 | 3,911,000 | 3,911,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 668,613,000 | 720,013,000 | 1,182,369,000 | 1,019,757,000 |
| Interest-bearing deposits | 570,799,000 | 622,346,000 | 1,037,441,000 | 868,579,000 |
| Noninterest-bearing deposits | 97,814,000 | 97,667,000 | 144,928,000 | 151,178,000 |
| Equity capital | 165,948,000 | 171,634,000 | 193,454,000 | 203,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 16,163,000 | 31,973,000 | 51,358,000 | 76,567,000 |
| Interest expense | 4,144,000 | 7,852,000 | 13,667,000 | 18,346,000 |
| Net interest income | 12,019,000 | 24,121,000 | 37,691,000 | 58,221,000 |
| Noninterest income | 1,667,000 | 6,390,000 | 70,304,000 | 72,999,000 |
| Noninterest expense | 5,896,000 | 12,399,000 | 21,346,000 | 32,347,000 |
| Provision for loan losses | 5,375,000 | 9,700,000 | 58,700,000 | 58,700,000 |
| Pretax income | 2,562,000 | 8,560,000 | 28,176,000 | 40,400,000 |
| Income tax | 92,000 | 195,000 | 297,000 | 400,000 |
| Net income | 2,470,000 | 8,365,000 | 27,879,000 | 40,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,017,000 | 170,562,000 | 188,722,000 | 200,908,000 |
| Total capital | 174,774,000 | 180,328,000 | 199,439,000 | 210,822,000 |
| Risk-weighted assets | 771,200,000 | 778,647,000 | 826,638,000 | 773,242,000 |