Call reports 2006
STERLING BANK — 2006
What STERLING BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 345,051,000 | 348,030,000 | 361,953,000 | 372,230,000 |
| Total loans | 301,673,000 | 300,471,000 | 303,856,000 | 317,888,000 |
| Allowance for loan losses | 3,206,000 | 3,331,000 | 3,342,000 | 3,497,000 |
| Securities available for sale | 16,693,000 | 18,325,000 | 27,552,000 | 27,164,000 |
| Securities held to maturity | 5,026,000 | 5,024,000 | 5,024,000 | 5,022,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,704,000 | 301,531,000 | 276,357,000 | 291,120,000 |
| Interest-bearing deposits | 252,426,000 | 257,418,000 | 243,107,000 | 254,939,000 |
| Noninterest-bearing deposits | 40,278,000 | 44,113,000 | 33,250,000 | 36,181,000 |
| Equity capital | 26,720,000 | 28,494,000 | 31,088,000 | 33,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 6,695,000 | 14,071,000 | 21,788,000 | 29,567,000 |
| Interest expense | 2,534,000 | 5,425,000 | 8,585,000 | 11,957,000 |
| Net interest income | 4,161,000 | 8,646,000 | 13,203,000 | 17,610,000 |
| Noninterest income | 456,000 | 972,000 | 1,398,000 | 1,808,000 |
| Noninterest expense | 2,025,000 | 4,155,000 | 6,155,000 | 8,138,000 |
| Provision for loan losses | 250,000 | 375,000 | 385,000 | 540,000 |
| Pretax income | 2,342,000 | 5,088,000 | 8,061,000 | 10,740,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,342,000 | 5,088,000 | 8,061,000 | 10,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,086,000 | 29,083,000 | 31,305,000 | 33,234,000 |
| Total capital | 34,292,000 | 36,414,000 | 38,647,000 | 40,731,000 |
| Risk-weighted assets | 301,346,000 | 305,665,000 | 308,889,000 | 313,022,000 |