Call reports 2018
STEARNS BANK NATIONAL ASSOCIATION — 2018
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,888,779,000 | 1,860,583,000 | 1,933,793,000 | 2,069,844,000 |
| Total loans | 1,817,133,000 | 1,819,306,000 | 1,906,797,000 | 1,977,961,000 |
| Allowance for loan losses | 57,404,000 | 58,413,000 | 60,653,000 | 61,965,000 |
| Securities available for sale | 19,447,000 | 18,299,000 | 15,435,000 | 17,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,465,371,000 | 1,430,472,000 | 1,474,412,000 | 1,622,745,000 |
| Interest-bearing deposits | 1,286,379,000 | 1,260,548,000 | 1,307,589,000 | 1,450,804,000 |
| Noninterest-bearing deposits | 178,992,000 | 169,924,000 | 166,823,000 | 171,941,000 |
| Equity capital | 384,026,000 | 397,449,000 | 405,697,000 | 405,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 35,845,000 | 71,604,000 | 109,521,000 | 152,475,000 |
| Interest expense | 4,599,000 | 9,405,000 | 14,902,000 | 21,709,000 |
| Net interest income | 31,246,000 | 62,199,000 | 94,619,000 | 130,766,000 |
| Noninterest income | 10,108,000 | 17,274,000 | 23,446,000 | 26,522,000 |
| Noninterest expense | 15,209,000 | 31,657,000 | 50,747,000 | 76,178,000 |
| Provision for loan losses | 3,000,000 | 7,500,000 | 12,000,000 | 18,000,000 |
| Pretax income | 23,163,000 | 40,375,000 | 55,461,000 | 63,196,000 |
| Income tax | 5,857,000 | 9,571,000 | 13,068,000 | 13,263,000 |
| Net income | 17,306,000 | 30,804,000 | 42,393,000 | 49,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 383,848,000 | 397,347,000 | 405,717,000 | 405,379,000 |
| Total capital | 407,665,000 | 421,176,000 | 430,534,000 | 430,557,000 |
| Risk-weighted assets | 1,871,071,000 | 1,871,004,000 | 1,948,828,000 | 1,976,696,000 |