Call reports 2013
STEARNS BANK NATIONAL ASSOCIATION — 2013
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,399,121,000 | 1,437,251,000 | 1,402,852,000 | 1,481,962,000 |
| Total loans | 1,096,436,000 | 1,145,192,000 | 1,144,469,000 | 1,243,698,000 |
| Allowance for loan losses | 40,917,000 | 41,775,000 | 42,457,000 | 37,868,000 |
| Securities available for sale | 85,765,000 | 82,009,000 | 84,281,000 | 93,314,000 |
| Securities held to maturity | 3,618,000 | 3,618,000 | 84,000 | 84,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,068,434,000 | 1,084,620,000 | 1,059,529,000 | 1,137,071,000 |
| Interest-bearing deposits | 888,319,000 | 903,068,000 | 881,223,000 | 947,547,000 |
| Noninterest-bearing deposits | 180,115,000 | 181,552,000 | 178,306,000 | 189,524,000 |
| Equity capital | 240,816,000 | 231,785,000 | 239,719,000 | 231,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 23,319,000 | 48,488,000 | 73,239,000 | 102,643,000 |
| Interest expense | 1,766,000 | 3,496,000 | 5,232,000 | 6,978,000 |
| Net interest income | 21,553,000 | 44,992,000 | 68,007,000 | 95,665,000 |
| Noninterest income | 4,025,000 | 9,457,000 | 9,928,000 | 15,811,000 |
| Noninterest expense | 10,392,000 | 21,872,000 | 31,897,000 | 46,993,000 |
| Provision for loan losses | 1,500,000 | 4,230,000 | 1,867,000 | -198,000 |
| Pretax income | 13,686,000 | 28,513,000 | 44,367,000 | 64,877,000 |
| Income tax | 20,000 | 80,000 | 140,000 | 200,000 |
| Net income | 13,666,000 | 28,433,000 | 44,227,000 | 64,677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 235,311,000 | 227,957,000 | 235,930,000 | 229,003,000 |
| Total capital | 247,994,000 | 241,463,000 | 249,820,000 | 244,438,000 |
| Risk-weighted assets | 982,929,000 | 1,048,166,000 | 1,078,265,000 | 1,207,055,000 |