Call reports 2018
STERLING BANK — 2018
What STERLING BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,251,542,000 | 1,252,790,000 | 1,228,485,000 | 1,243,764,000 |
| Total loans | 1,016,485,000 | 1,012,690,000 | 977,235,000 | 957,396,000 |
| Allowance for loan losses | 10,178,000 | 10,183,000 | 10,180,000 | 10,688,000 |
| Securities available for sale | 32,141,000 | 41,616,000 | 52,127,000 | 61,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,080,139,000 | 1,080,677,000 | 1,052,746,000 | 1,071,549,000 |
| Interest-bearing deposits | 990,023,000 | 989,544,000 | 969,436,000 | 973,958,000 |
| Noninterest-bearing deposits | 90,116,000 | 91,133,000 | 83,310,000 | 97,591,000 |
| Equity capital | 142,373,000 | 142,490,000 | 145,531,000 | 143,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 14,607,000 | 28,197,000 | 43,049,000 | 57,480,000 |
| Interest expense | 2,986,000 | 6,460,000 | 10,281,000 | 14,515,000 |
| Net interest income | 11,621,000 | 21,737,000 | 32,768,000 | 42,965,000 |
| Noninterest income | 498,000 | 996,000 | 1,455,000 | 1,734,000 |
| Noninterest expense | 5,554,000 | 10,743,000 | 15,894,000 | 22,190,000 |
| Provision for loan losses | 28,000 | 62,000 | 114,000 | 673,000 |
| Pretax income | 6,537,000 | 11,928,000 | 18,215,000 | 21,836,000 |
| Income tax | 1,540,000 | 2,716,000 | 4,150,000 | 4,845,000 |
| Net income | 4,997,000 | 9,212,000 | 14,065,000 | 16,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,528,000 | 129,937,000 | 134,156,000 | 130,979,000 |
| Total capital | 139,706,000 | 140,120,000 | 144,336,000 | 141,667,000 |
| Risk-weighted assets | 1,118,555,000 | 1,100,705,000 | 1,014,293,000 | 989,771,000 |