Call reports 2013
STERLING BANK — 2013
What STERLING BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 431,527,000 | 446,849,000 | 509,912,000 | 513,324,000 |
| Total loans | 291,054,000 | 316,899,000 | 326,675,000 | 351,564,000 |
| Allowance for loan losses | 3,765,000 | 3,974,000 | 4,198,000 | 4,168,000 |
| Securities available for sale | 12,299,000 | 25,321,000 | 38,786,000 | 27,615,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,292,000 | 358,988,000 | 414,195,000 | 418,731,000 |
| Interest-bearing deposits | 315,886,000 | 324,285,000 | 376,558,000 | 387,184,000 |
| Noninterest-bearing deposits | 29,406,000 | 34,703,000 | 37,637,000 | 31,547,000 |
| Equity capital | 39,179,000 | 40,075,000 | 46,134,000 | 46,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,471,000 | 9,876,000 | 14,983,000 | 19,609,000 |
| Interest expense | 946,000 | 1,794,000 | 2,740,000 | 3,717,000 |
| Net interest income | 3,525,000 | 8,082,000 | 12,243,000 | 15,892,000 |
| Noninterest income | 223,000 | 514,000 | 717,000 | 916,000 |
| Noninterest expense | 1,986,000 | 4,380,000 | 6,993,000 | 10,181,000 |
| Provision for loan losses | 0 | 207,000 | 429,000 | 429,000 |
| Pretax income | 1,762,000 | 4,009,000 | 5,538,000 | 6,266,000 |
| Income tax | 500,000 | 1,285,000 | 1,608,000 | 1,599,000 |
| Net income | 1,262,000 | 2,724,000 | 3,930,000 | 4,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,111,000 | 40,473,000 | 46,480,000 | 47,216,000 |
| Total capital | 42,876,000 | 44,447,000 | 50,678,000 | 51,384,000 |
| Risk-weighted assets | 336,327,000 | 356,480,000 | 378,698,000 | 398,103,000 |