Call reports 2011
STERLING BANK — 2011
What STERLING BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 298,041,000 | 319,277,000 | 349,821,000 | 347,500,000 |
| Total loans | 185,547,000 | 195,142,000 | 224,527,000 | 236,745,000 |
| Allowance for loan losses | 2,534,000 | 2,555,000 | 2,528,000 | 3,106,000 |
| Securities available for sale | 13,189,000 | 12,978,000 | 5,081,000 | 11,697,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,683,000 | 263,604,000 | 297,890,000 | 290,917,000 |
| Interest-bearing deposits | 220,985,000 | 241,275,000 | 269,674,000 | 261,240,000 |
| Noninterest-bearing deposits | 22,698,000 | 22,329,000 | 28,216,000 | 29,678,000 |
| Equity capital | 25,117,000 | 26,366,000 | 28,088,000 | 33,313,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,235,000 | 6,777,000 | 10,751,000 | 14,738,000 |
| Interest expense | 987,000 | 2,167,000 | 3,358,000 | 4,442,000 |
| Net interest income | 2,248,000 | 4,610,000 | 7,393,000 | 10,296,000 |
| Noninterest income | 250,000 | 493,000 | 757,000 | 958,000 |
| Noninterest expense | 1,167,000 | 2,555,000 | 3,785,000 | 5,832,000 |
| Provision for loan losses | 94,000 | 185,000 | 187,000 | 937,000 |
| Pretax income | 1,237,000 | 2,363,000 | 4,357,000 | 4,664,000 |
| Income tax | 75,000 | 110,000 | 299,000 | -222,000 |
| Net income | 1,162,000 | 2,253,000 | 4,058,000 | 4,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,098,000 | 26,189,000 | 27,993,000 | 33,214,000 |
| Total capital | 27,632,000 | 28,744,000 | 30,521,000 | 36,320,000 |
| Risk-weighted assets | 225,094,000 | 236,075,000 | 268,982,000 | 280,010,000 |