Call reports 2005
STERLINGSOUTH BANK & TRUST COMPANY — 2005
What STERLINGSOUTH BANK & TRUST COMPANY 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 | 136,262,000 | 139,294,000 | 148,281,000 | 157,379,000 |
| Total loans | 105,133,000 | 113,625,000 | 119,211,000 | 125,751,000 |
| Allowance for loan losses | 1,353,000 | 1,500,000 | 1,585,000 | 1,666,000 |
| Securities available for sale | 18,930,000 | 18,264,000 | 19,197,000 | 18,219,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,091,000 | 114,864,000 | 121,262,000 | 132,661,000 |
| Interest-bearing deposits | 101,161,000 | 101,877,000 | 106,898,000 | 119,924,000 |
| Noninterest-bearing deposits | 11,930,000 | 12,987,000 | 14,364,000 | 12,737,000 |
| Equity capital | 11,865,000 | 12,362,000 | 12,643,000 | 12,924,000 |
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 | 1,623,000 | 3,529,000 | 5,652,000 | 8,038,000 |
| Interest expense | 580,000 | 1,265,000 | 2,096,000 | 3,065,000 |
| Net interest income | 1,043,000 | 2,264,000 | 3,556,000 | 4,973,000 |
| Noninterest income | 78,000 | 176,000 | 248,000 | 336,000 |
| Noninterest expense | 775,000 | 1,624,000 | 2,455,000 | 3,382,000 |
| Provision for loan losses | 105,000 | 262,000 | 447,000 | 560,000 |
| Pretax income | 241,000 | 554,000 | 902,000 | 1,367,000 |
| Income tax | 0 | 0 | 0 | -1,000 |
| Net income | 241,000 | 554,000 | 902,000 | 1,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,193,000 | 12,507,000 | 12,854,000 | 13,321,000 |
| Total capital | 13,546,000 | 14,007,000 | 14,439,000 | 14,987,000 |
| Risk-weighted assets | 114,371,000 | 123,066,000 | 129,219,000 | 135,471,000 |