Call reports 2014
STEARNS BANK NATIONAL ASSOCIATION — 2014
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,494,502,000 | 1,537,552,000 | 1,597,259,000 | 1,763,816,000 |
| Total loans | 1,297,754,000 | 1,361,886,000 | 1,436,276,000 | 1,556,123,000 |
| Allowance for loan losses | 39,418,000 | 41,563,000 | 41,232,000 | 40,934,000 |
| Securities available for sale | 92,896,000 | 87,334,000 | 86,895,000 | 103,705,000 |
| Securities held to maturity | 69,000 | 69,000 | 53,000 | 53,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,129,916,000 | 1,213,450,000 | 1,263,789,000 | 1,400,249,000 |
| Interest-bearing deposits | 947,779,000 | 1,026,795,000 | 1,071,788,000 | 1,211,956,000 |
| Noninterest-bearing deposits | 182,137,000 | 186,655,000 | 192,001,000 | 188,293,000 |
| Equity capital | 247,803,000 | 232,900,000 | 229,919,000 | 248,860,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 26,787,000 | 57,554,000 | 87,641,000 | 121,271,000 |
| Interest expense | 1,846,000 | 3,810,000 | 5,964,000 | 8,325,000 |
| Net interest income | 24,941,000 | 53,744,000 | 81,677,000 | 112,946,000 |
| Noninterest income | 3,581,000 | 8,206,000 | 11,856,000 | 14,194,000 |
| Noninterest expense | 11,137,000 | 26,420,000 | 45,601,000 | 59,689,000 |
| Provision for loan losses | 1,400,000 | 4,400,000 | 4,400,000 | 4,850,000 |
| Pretax income | 15,985,000 | 31,130,000 | 43,532,000 | 62,601,000 |
| Income tax | 120,000 | 240,000 | 360,000 | 480,000 |
| Net income | 15,865,000 | 30,890,000 | 43,172,000 | 62,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 245,047,000 | 229,979,000 | 227,429,000 | 246,542,000 |
| Total capital | 261,043,000 | 246,721,000 | 245,741,000 | 266,086,000 |
| Risk-weighted assets | 1,251,087,000 | 1,309,581,000 | 1,437,015,000 | 1,536,457,000 |