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 | 172,357,000 | 172,797,000 | 168,258,000 | 182,821,000 |
| Total loans | 113,471,000 | 112,029,000 | 114,861,000 | 119,616,000 |
| Allowance for loan losses | 1,159,000 | 1,212,000 | 1,235,000 | 1,403,000 |
| Securities available for sale | 29,292,000 | 26,939,000 | 12,718,000 | 9,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,432,000 | 107,721,000 | 102,668,000 | 127,730,000 |
| Interest-bearing deposits | 97,572,000 | 95,684,000 | 88,995,000 | 113,268,000 |
| Noninterest-bearing deposits | 9,860,000 | 12,037,000 | 13,673,000 | 14,462,000 |
| Equity capital | 17,654,000 | 18,093,000 | 18,858,000 | 18,511,000 |
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 | 2,250,000 | 4,728,000 | 7,076,000 | 9,068,000 |
| Interest expense | 831,000 | 1,584,000 | 2,327,000 | 3,064,000 |
| Net interest income | 1,419,000 | 3,144,000 | 4,749,000 | 6,004,000 |
| Noninterest income | 276,000 | 476,000 | 670,000 | 923,000 |
| Noninterest expense | 1,017,000 | 2,163,000 | 3,158,000 | 4,529,000 |
| Provision for loan losses | 24,000 | 117,000 | 265,000 | 461,000 |
| Pretax income | 948,000 | 1,634,000 | 2,843,000 | 2,784,000 |
| Income tax | 356,000 | 592,000 | 841,000 | 520,000 |
| Net income | 592,000 | 1,042,000 | 2,002,000 | 2,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,087,000 | 17,547,000 | 18,518,000 | 18,191,000 |
| Total capital | 18,247,000 | 18,759,000 | 19,754,000 | 19,594,000 |
| Risk-weighted assets | 120,157,000 | 118,172,000 | 121,814,000 | 132,331,000 |