Call reports 2015
STERLING BANK — 2015
What STERLING BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 646,643,000 | 688,641,000 | 826,257,000 | 865,444,000 |
| Total loans | 515,201,000 | 558,585,000 | 623,064,000 | 689,093,000 |
| Allowance for loan losses | 5,122,000 | 5,123,000 | 5,109,000 | 7,489,000 |
| Securities available for sale | 15,095,000 | 15,060,000 | 15,093,000 | 15,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 508,212,000 | 541,504,000 | 657,091,000 | 691,164,000 |
| Interest-bearing deposits | 466,550,000 | 501,321,000 | 615,695,000 | 633,783,000 |
| Noninterest-bearing deposits | 41,661,000 | 40,183,000 | 41,396,000 | 57,382,000 |
| Equity capital | 47,942,000 | 61,426,000 | 82,130,000 | 97,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,053,000 | 13,907,000 | 22,455,000 | 30,606,000 |
| Interest expense | 1,212,000 | 2,634,000 | 4,243,000 | 6,065,000 |
| Net interest income | 5,841,000 | 11,273,000 | 18,212,000 | 24,541,000 |
| Noninterest income | 334,000 | 798,000 | 1,148,000 | 1,387,000 |
| Noninterest expense | 2,308,000 | 5,437,000 | 8,847,000 | 13,078,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,400,000 |
| Pretax income | 3,977,000 | 6,744,000 | 10,623,000 | 10,560,000 |
| Income tax | 1,311,000 | 2,184,000 | 3,417,000 | 1,618,000 |
| Net income | 2,666,000 | 4,560,000 | 7,206,000 | 8,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,958,000 | 61,477,000 | 82,150,000 | 97,772,000 |
| Total capital | 53,080,000 | 66,600,000 | 87,259,000 | 105,261,000 |
| Risk-weighted assets | 555,012,000 | 616,326,000 | 683,488,000 | 785,483,000 |