Call reports 2019
STEARNS BANK NATIONAL ASSOCIATION — 2019
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,066,857,000 | 2,252,763,000 | 2,172,842,000 | 2,275,434,000 |
| Total loans | 1,977,969,000 | 2,055,490,000 | 2,087,414,000 | 2,155,472,000 |
| Allowance for loan losses | 63,907,000 | 65,814,000 | 66,980,000 | 67,279,000 |
| Securities available for sale | 15,556,000 | 18,263,000 | 17,945,000 | 18,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,597,827,000 | 1,766,067,000 | 1,654,567,000 | 1,775,429,000 |
| Interest-bearing deposits | 1,427,705,000 | 1,614,383,000 | 1,506,385,000 | 1,633,845,000 |
| Noninterest-bearing deposits | 170,122,000 | 151,684,000 | 148,182,000 | 141,584,000 |
| Equity capital | 417,981,000 | 430,439,000 | 444,093,000 | 441,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 41,231,000 | 83,741,000 | 128,699,000 | 173,921,000 |
| Interest expense | 7,421,000 | 15,355,000 | 23,987,000 | 32,048,000 |
| Net interest income | 33,810,000 | 68,386,000 | 104,712,000 | 141,873,000 |
| Noninterest income | 9,263,000 | 18,859,000 | 28,231,000 | 33,647,000 |
| Noninterest expense | 21,839,000 | 43,851,000 | 65,216,000 | 85,273,000 |
| Provision for loan losses | 4,750,000 | 10,500,000 | 16,750,000 | 21,900,000 |
| Pretax income | 16,484,000 | 32,894,000 | 50,977,000 | 68,023,000 |
| Income tax | 4,026,000 | 8,071,000 | 12,536,000 | 15,844,000 |
| Net income | 12,458,000 | 24,823,000 | 38,441,000 | 52,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 417,838,000 | 430,202,000 | 443,820,000 | 440,897,000 |
| Total capital | 443,614,000 | 457,387,000 | 471,431,000 | 469,349,000 |
| Risk-weighted assets | 2,023,216,000 | 2,135,414,000 | 2,168,754,000 | 2,236,617,000 |