Call reports 2009
STERLING BANK — 2009
What STERLING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 420,873,000 | 379,165,000 | 371,541,000 | 385,307,000 |
| Total loans | 286,607,000 | 277,049,000 | 266,710,000 | 257,004,000 |
| Allowance for loan losses | 11,546,000 | 7,266,000 | 6,970,000 | 10,741,000 |
| Securities available for sale | 71,073,000 | 66,337,000 | 52,332,000 | 49,675,000 |
| Securities held to maturity | 8,550,000 | 8,585,000 | 7,017,000 | 3,592,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,523,000 | 315,682,000 | 317,082,000 | 344,267,000 |
| Interest-bearing deposits | 333,068,000 | 289,054,000 | 290,838,000 | 319,440,000 |
| Noninterest-bearing deposits | 29,455,000 | 26,628,000 | 26,244,000 | 24,827,000 |
| Equity capital | 27,640,000 | 25,271,000 | 23,490,000 | 10,459,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,611,000 | 9,259,000 | 13,467,000 | 17,506,000 |
| Interest expense | 3,062,000 | 5,739,000 | 8,076,000 | 10,250,000 |
| Net interest income | 1,549,000 | 3,520,000 | 5,391,000 | 7,256,000 |
| Noninterest income | 169,000 | 422,000 | 612,000 | 631,000 |
| Noninterest expense | 2,317,000 | 5,094,000 | 7,782,000 | 10,333,000 |
| Provision for loan losses | 1,679,000 | 2,822,000 | 6,460,000 | 14,266,000 |
| Pretax income | -1,971,000 | -4,093,000 | -8,657,000 | -18,928,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,971,000 | -4,093,000 | -8,657,000 | -18,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,661,000 | 25,740,000 | 24,676,000 | 13,906,000 |
| Total capital | 35,667,000 | 33,528,000 | 32,320,000 | 21,529,000 |
| Risk-weighted assets | 312,976,000 | 299,557,000 | 288,167,000 | 282,744,000 |