Call reports 2020
STEARNS BANK NATIONAL ASSOCIATION — 2020
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 2,214,669,000 | 2,301,841,000 | 2,203,231,000 | 2,172,170,000 |
| Total loans | 2,076,611,000 | 2,068,688,000 | 1,876,369,000 | 1,735,905,000 |
| Allowance for loan losses | 74,109,000 | 83,614,000 | 101,024,000 | 94,276,000 |
| Securities available for sale | 16,208,000 | 123,210,000 | 19,210,000 | 18,792,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,716,269,000 | 1,808,937,000 | 1,699,986,000 | 1,634,583,000 |
| Interest-bearing deposits | 1,581,932,000 | 1,643,124,000 | 1,535,526,000 | 1,460,494,000 |
| Noninterest-bearing deposits | 134,337,000 | 165,813,000 | 164,460,000 | 174,089,000 |
| Equity capital | 450,725,000 | 457,490,000 | 460,812,000 | 470,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 43,605,000 | 84,271,000 | 122,462,000 | 159,837,000 |
| Interest expense | 7,680,000 | 13,823,000 | 18,932,000 | 23,337,000 |
| Net interest income | 35,925,000 | 70,448,000 | 103,530,000 | 136,500,000 |
| Noninterest income | 8,766,000 | 16,596,000 | 25,409,000 | 30,275,000 |
| Noninterest expense | 19,085,000 | 35,062,000 | 48,291,000 | 64,838,000 |
| Provision for loan losses | 13,400,000 | 30,675,000 | 52,175,000 | 52,175,000 |
| Pretax income | 12,206,000 | 21,307,000 | 28,473,000 | 49,762,000 |
| Income tax | 2,787,000 | 5,175,000 | 6,971,000 | 10,609,000 |
| Net income | 9,419,000 | 16,132,000 | 21,502,000 | 39,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 450,316,000 | 457,029,000 | 460,399,000 | 470,550,000 |
| Total capital | 477,931,000 | 483,736,000 | 483,738,000 | 492,383,000 |
| Risk-weighted assets | 2,162,023,000 | 2,078,891,000 | 1,788,718,000 | 1,673,444,000 |