Call reports 2016
STEARNS BANK NATIONAL ASSOCIATION — 2016
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,864,080,000 | 1,861,399,000 | 1,829,262,000 | 1,906,182,000 |
| Total loans | 1,699,122,000 | 1,714,123,000 | 1,697,609,000 | 1,772,211,000 |
| Allowance for loan losses | 47,049,000 | 49,161,000 | 51,327,000 | 49,376,000 |
| Securities available for sale | 77,450,000 | 72,701,000 | 76,808,000 | 76,738,000 |
| Securities held to maturity | 2,000 | 2,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,499,853,000 | 1,474,633,000 | 1,440,446,000 | 1,515,869,000 |
| Interest-bearing deposits | 1,317,161,000 | 1,299,699,000 | 1,259,359,000 | 1,321,216,000 |
| Noninterest-bearing deposits | 182,692,000 | 174,934,000 | 181,087,000 | 194,653,000 |
| Equity capital | 307,241,000 | 323,514,000 | 328,871,000 | 323,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 39,845,000 | 75,578,000 | 109,949,000 | 144,915,000 |
| Interest expense | 2,869,000 | 5,776,000 | 8,702,000 | 11,675,000 |
| Net interest income | 36,976,000 | 69,802,000 | 101,247,000 | 133,240,000 |
| Noninterest income | 6,543,000 | 16,516,000 | 21,667,000 | 23,764,000 |
| Noninterest expense | 14,162,000 | 27,311,000 | 44,077,000 | 63,376,000 |
| Provision for loan losses | 4,500,000 | 7,500,000 | 9,250,000 | 17,989,000 |
| Pretax income | 24,857,000 | 51,507,000 | 69,587,000 | 75,639,000 |
| Income tax | 9,739,000 | 20,180,000 | 26,117,000 | 27,779,000 |
| Net income | 15,118,000 | 31,327,000 | 43,470,000 | 47,860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 306,096,000 | 322,318,000 | 327,720,000 | 322,979,000 |
| Total capital | 329,098,000 | 345,820,000 | 350,901,000 | 346,689,000 |
| Risk-weighted assets | 1,808,416,000 | 1,847,135,000 | 1,817,898,000 | 1,863,272,000 |