Call reports 2005
STERLING BANK — 2005
What STERLING BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 259,950,000 | 278,145,000 | 301,277,000 | 317,421,000 |
| Total loans | 226,726,000 | 240,389,000 | 257,602,000 | 281,670,000 |
| Allowance for loan losses | 2,339,000 | 2,503,000 | 2,711,000 | 2,956,000 |
| Securities available for sale | 11,547,000 | 12,602,000 | 14,359,000 | 13,235,000 |
| Securities held to maturity | 5,032,000 | 5,027,000 | 5,022,000 | 5,027,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,100,000 | 224,821,000 | 263,326,000 | 262,660,000 |
| Interest-bearing deposits | 178,306,000 | 189,490,000 | 212,721,000 | 223,766,000 |
| Noninterest-bearing deposits | 30,794,000 | 35,331,000 | 50,605,000 | 38,894,000 |
| Equity capital | 20,874,000 | 22,187,000 | 24,210,000 | 25,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,063,000 | 8,665,000 | 13,990,000 | 20,065,000 |
| Interest expense | 1,217,000 | 2,620,000 | 4,364,000 | 6,523,000 |
| Net interest income | 2,846,000 | 6,045,000 | 9,626,000 | 13,542,000 |
| Noninterest income | 476,000 | 911,000 | 1,352,000 | 1,790,000 |
| Noninterest expense | 1,594,000 | 3,281,000 | 5,061,000 | 6,984,000 |
| Provision for loan losses | 250,000 | 414,000 | 621,000 | 866,000 |
| Pretax income | 1,478,000 | 3,261,000 | 5,297,000 | 7,441,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,478,000 | 3,261,000 | 5,297,000 | 7,441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,995,000 | 22,270,000 | 24,297,000 | 26,159,000 |
| Total capital | 23,334,000 | 24,773,000 | 31,008,000 | 33,115,000 |
| Risk-weighted assets | 219,584,000 | 235,700,000 | 260,381,000 | 284,191,000 |