Call reports 2022
STEARNS BANK NATIONAL ASSOCIATION — 2022
What STEARNS BANK NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,231,485,000 | 2,095,622,000 | 2,016,660,000 | 2,225,072,000 |
| Total loans | 1,696,285,000 | 1,753,566,000 | 1,825,470,000 | 1,945,296,000 |
| Allowance for loan losses | 56,877,000 | 54,910,000 | 53,388,000 | 54,147,000 |
| Securities available for sale | 47,061,000 | 54,720,000 | 53,251,000 | 57,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,637,381,000 | 1,501,413,000 | 1,423,024,000 | 1,614,334,000 |
| Interest-bearing deposits | 1,453,279,000 | 1,319,006,000 | 1,253,256,000 | 1,429,527,000 |
| Noninterest-bearing deposits | 184,102,000 | 182,407,000 | 169,768,000 | 184,807,000 |
| Equity capital | 509,884,000 | 525,700,000 | 538,637,000 | 550,956,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 33,762,000 | 71,633,000 | 110,134,000 | 157,595,000 |
| Interest expense | 1,948,000 | 3,854,000 | 7,392,000 | 12,730,000 |
| Net interest income | 31,814,000 | 67,779,000 | 102,742,000 | 144,865,000 |
| Noninterest income | 2,718,000 | 6,550,000 | 10,166,000 | 15,633,000 |
| Noninterest expense | 18,169,000 | 37,335,000 | 56,818,000 | 77,277,000 |
| Provision for loan losses | 0 | -1,650,000 | -1,650,000 | 150,000 |
| Pretax income | 16,358,000 | 38,633,000 | 57,729,000 | 83,065,000 |
| Income tax | 4,141,000 | 9,525,000 | 14,506,000 | 19,603,000 |
| Net income | 12,217,000 | 29,108,000 | 43,223,000 | 63,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 503,143,000 | 520,209,000 | 534,497,000 | 545,911,000 |
| Total capital | 527,600,000 | 545,452,000 | 560,594,000 | 573,999,000 |
| Risk-weighted assets | 1,923,382,000 | 1,989,023,000 | 2,059,726,000 | 2,220,248,000 |