Call reports 2010
STEARNS BANK NATIONAL ASSOCIATION — 2010
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,284,743,000 | 1,170,403,000 | 1,092,042,000 | 1,231,258,000 |
| Total loans | 889,338,000 | 796,879,000 | 800,479,000 | 893,078,000 |
| Allowance for loan losses | 23,989,000 | 22,551,000 | 27,958,000 | 27,542,000 |
| Securities available for sale | 83,681,000 | 78,298,000 | 71,582,000 | 74,416,000 |
| Securities held to maturity | 3,904,000 | 3,904,000 | 3,826,000 | 3,826,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 998,219,000 | 873,579,000 | 771,925,000 | 917,045,000 |
| Interest-bearing deposits | 847,721,000 | 760,015,000 | 653,790,000 | 790,306,000 |
| Noninterest-bearing deposits | 150,498,000 | 113,564,000 | 118,135,000 | 126,739,000 |
| Equity capital | 207,404,000 | 217,424,000 | 226,152,000 | 233,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 23,301,000 | 45,998,000 | 69,064,000 | 86,802,000 |
| Interest expense | 4,062,000 | 7,436,000 | 9,988,000 | 12,049,000 |
| Net interest income | 19,239,000 | 38,562,000 | 59,076,000 | 74,753,000 |
| Noninterest income | 2,328,000 | 5,255,000 | 7,622,000 | 9,799,000 |
| Noninterest expense | 10,211,000 | 19,515,000 | 28,607,000 | 36,281,000 |
| Provision for loan losses | 8,000,000 | 12,000,000 | 20,000,000 | 22,000,000 |
| Pretax income | 3,333,000 | 12,276,000 | 17,942,000 | 26,120,000 |
| Income tax | 68,000 | 145,000 | 224,000 | 317,000 |
| Net income | 3,265,000 | 12,131,000 | 17,718,000 | 25,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 204,244,000 | 210,923,000 | 219,897,000 | 227,916,000 |
| Total capital | 214,084,000 | 219,850,000 | 228,664,000 | 237,466,000 |
| Risk-weighted assets | 772,555,000 | 700,039,000 | 681,617,000 | 745,512,000 |