Call reports 2011
STEARNS BANK NATIONAL ASSOCIATION — 2011
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,230,639,000 | 1,182,098,000 | 1,194,887,000 | 1,174,734,000 |
| Total loans | 889,492,000 | 912,162,000 | 910,634,000 | 905,492,000 |
| Allowance for loan losses | 26,345,000 | 28,417,000 | 37,333,000 | 35,920,000 |
| Securities available for sale | 66,953,000 | 68,247,000 | 67,716,000 | 64,854,000 |
| Securities held to maturity | 3,817,000 | 3,817,000 | 3,729,000 | 3,729,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 887,722,000 | 862,632,000 | 849,641,000 | 854,872,000 |
| Interest-bearing deposits | 758,609,000 | 733,265,000 | 720,583,000 | 703,475,000 |
| Noninterest-bearing deposits | 129,113,000 | 129,367,000 | 129,058,000 | 151,397,000 |
| Equity capital | 242,216,000 | 235,447,000 | 240,051,000 | 233,018,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 19,797,000 | 40,105,000 | 60,218,000 | 81,323,000 |
| Interest expense | 2,148,000 | 4,250,000 | 6,282,000 | 8,126,000 |
| Net interest income | 17,649,000 | 35,855,000 | 53,936,000 | 73,197,000 |
| Noninterest income | 2,430,000 | 8,088,000 | 13,281,000 | 15,087,000 |
| Noninterest expense | 8,412,000 | 16,885,000 | 25,007,000 | 36,804,000 |
| Provision for loan losses | 3,000,000 | 10,034,000 | 18,273,000 | 18,273,000 |
| Pretax income | 8,665,000 | 17,022,000 | 23,935,000 | 33,205,000 |
| Income tax | 77,000 | 154,000 | 215,000 | 310,000 |
| Net income | 8,588,000 | 16,868,000 | 23,720,000 | 32,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 236,614,000 | 228,718,000 | 232,241,000 | 225,289,000 |
| Total capital | 246,663,000 | 238,618,000 | 242,438,000 | 235,484,000 |
| Risk-weighted assets | 787,132,000 | 772,969,000 | 788,147,000 | 789,327,000 |