Call reports 2004
STERLING BANK — 2004
What STERLING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 192,040,000 | 213,358,000 | 222,701,000 | 235,349,000 |
| Total loans | 166,782,000 | 185,846,000 | 195,664,000 | 208,927,000 |
| Allowance for loan losses | 1,584,000 | 1,783,000 | 1,936,000 | 2,089,000 |
| Securities available for sale | 7,316,000 | 9,586,000 | 9,684,000 | 9,650,000 |
| Securities held to maturity | 4,044,000 | 4,038,000 | 5,042,000 | 5,037,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,691,000 | 167,814,000 | 187,580,000 | 198,134,000 |
| Interest-bearing deposits | 135,320,000 | 146,398,000 | 164,320,000 | 176,217,000 |
| Noninterest-bearing deposits | 19,371,000 | 21,416,000 | 23,260,000 | 21,917,000 |
| Equity capital | 16,540,000 | 17,081,000 | 18,457,000 | 19,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,635,000 | 5,555,000 | 8,886,000 | 12,559,000 |
| Interest expense | 738,000 | 1,569,000 | 2,505,000 | 3,573,000 |
| Net interest income | 1,897,000 | 3,986,000 | 6,381,000 | 8,986,000 |
| Noninterest income | 484,000 | 1,429,000 | 2,037,000 | 2,412,000 |
| Noninterest expense | 1,380,000 | 2,905,000 | 4,511,000 | 6,109,000 |
| Provision for loan losses | 250,000 | 479,000 | 630,000 | 783,000 |
| Pretax income | 839,000 | 2,119,000 | 3,391,000 | 4,620,000 |
| Income tax | 417,000 | 542,000 | 542,000 | 562,000 |
| Net income | 422,000 | 1,577,000 | 2,849,000 | 4,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,428,000 | 17,168,000 | 18,441,000 | 19,648,000 |
| Total capital | 18,012,000 | 18,951,000 | 20,377,000 | 21,737,000 |
| Risk-weighted assets | 166,691,000 | 172,056,000 | 180,932,000 | 196,797,000 |