Call reports 2014
STERLING BANK — 2014
What STERLING BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 513,897,000 | 510,269,000 | 539,950,000 | 608,225,000 |
| Total loans | 376,245,000 | 409,946,000 | 459,783,000 | 528,635,000 |
| Allowance for loan losses | 4,169,000 | 4,342,000 | 4,544,000 | 5,122,000 |
| Securities available for sale | 63,794,000 | 15,623,000 | 15,216,000 | 14,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,671,000 | 417,097,000 | 444,824,000 | 471,068,000 |
| Interest-bearing deposits | 385,154,000 | 386,307,000 | 416,657,000 | 433,694,000 |
| Noninterest-bearing deposits | 36,516,000 | 30,790,000 | 28,166,000 | 37,374,000 |
| Equity capital | 47,388,000 | 48,330,000 | 49,660,000 | 51,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,495,000 | 11,432,000 | 17,809,000 | 24,258,000 |
| Interest expense | 955,000 | 1,925,000 | 2,909,000 | 4,012,000 |
| Net interest income | 4,540,000 | 9,507,000 | 14,900,000 | 20,246,000 |
| Noninterest income | 230,000 | 476,000 | 1,020,000 | 1,434,000 |
| Noninterest expense | 2,728,000 | 5,766,000 | 8,550,000 | 11,838,000 |
| Provision for loan losses | 0 | 171,000 | 373,000 | 951,000 |
| Pretax income | 2,085,000 | 4,090,000 | 7,041,000 | 8,935,000 |
| Income tax | 470,000 | 1,078,000 | 2,059,000 | 2,440,000 |
| Net income | 1,615,000 | 3,012,000 | 4,982,000 | 6,495,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,987,000 | 48,483,000 | 49,779,000 | 51,291,000 |
| Total capital | 52,156,000 | 52,824,000 | 54,323,000 | 56,413,000 |
| Risk-weighted assets | 418,447,000 | 439,372,000 | 488,725,000 | 558,520,000 |