Call reports 2017
STERLING BANK — 2017
What STERLING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,329,956,000 | 1,341,761,000 | 1,261,869,000 | 1,265,123,000 |
| Total loans | 993,993,000 | 1,010,346,000 | 1,011,246,000 | 1,008,413,000 |
| Allowance for loan losses | 9,427,000 | 9,387,000 | 9,366,000 | 10,244,000 |
| Securities available for sale | 28,010,000 | 25,986,000 | 36,093,000 | 35,443,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,166,337,000 | 1,174,986,000 | 1,095,239,000 | 1,101,459,000 |
| Interest-bearing deposits | 1,081,523,000 | 1,090,110,000 | 1,016,367,000 | 994,661,000 |
| Noninterest-bearing deposits | 84,814,000 | 84,876,000 | 78,872,000 | 106,798,000 |
| Equity capital | 136,243,000 | 138,295,000 | 138,462,000 | 138,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 13,000,000 | 26,443,000 | 40,219,000 | 54,464,000 |
| Interest expense | 2,646,000 | 5,272,000 | 8,032,000 | 10,854,000 |
| Net interest income | 10,354,000 | 21,171,000 | 32,187,000 | 43,610,000 |
| Noninterest income | 597,000 | 1,062,000 | 1,556,000 | 2,097,000 |
| Noninterest expense | 4,953,000 | 10,310,000 | 15,704,000 | 22,297,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,025,000 |
| Pretax income | 5,998,000 | 11,923,000 | 18,039,000 | 22,385,000 |
| Income tax | 2,064,000 | 4,433,000 | 6,664,000 | 8,171,000 |
| Net income | 3,934,000 | 7,490,000 | 11,375,000 | 14,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,400,000 | 121,844,000 | 122,712,000 | 124,360,000 |
| Total capital | 132,827,000 | 131,231,000 | 132,078,000 | 134,604,000 |
| Risk-weighted assets | 1,085,493,000 | 1,088,730,000 | 1,097,587,000 | 1,104,267,000 |