Call reports 2007
STERLING BANK — 2007
What STERLING BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 362,942,000 | 395,923,000 | 396,114,000 | 390,287,000 |
| Total loans | 304,096,000 | 310,621,000 | 327,955,000 | 325,235,000 |
| Allowance for loan losses | 3,497,000 | 3,495,000 | 3,842,000 | 5,306,000 |
| Securities available for sale | 27,809,000 | 36,808,000 | 28,631,000 | 27,954,000 |
| Securities held to maturity | 6,021,000 | 7,519,000 | 7,945,000 | 8,636,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,491,000 | 319,830,000 | 308,335,000 | 313,112,000 |
| Interest-bearing deposits | 260,260,000 | 284,001,000 | 279,301,000 | 287,368,000 |
| Noninterest-bearing deposits | 30,231,000 | 35,829,000 | 29,034,000 | 25,744,000 |
| Equity capital | 32,680,000 | 32,664,000 | 34,254,000 | 34,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 7,662,000 | 15,174,000 | 22,873,000 | 30,316,000 |
| Interest expense | 3,380,000 | 6,874,000 | 10,667,000 | 14,422,000 |
| Net interest income | 4,282,000 | 8,300,000 | 12,206,000 | 15,894,000 |
| Noninterest income | 375,000 | 790,000 | 1,174,000 | 1,455,000 |
| Noninterest expense | 2,179,000 | 4,294,000 | 6,242,000 | 8,206,000 |
| Provision for loan losses | 0 | 53,000 | 400,000 | 1,900,000 |
| Pretax income | 2,478,000 | 4,743,000 | 6,825,000 | 7,330,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,478,000 | 4,743,000 | 6,825,000 | 7,330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,712,000 | 33,476,000 | 34,559,000 | 34,064,000 |
| Total capital | 40,209,000 | 40,971,000 | 42,401,000 | 42,410,000 |
| Risk-weighted assets | 301,084,000 | 339,439,000 | 356,878,000 | 346,734,000 |