Call reports 2019
STERLING BANK — 2019
What STERLING BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,249,046,000 | 1,239,855,000 | 1,252,337,000 | 1,242,953,000 |
| Total loans | 967,679,000 | 985,851,000 | 975,102,000 | 941,658,000 |
| Allowance for loan losses | 10,674,000 | 10,667,000 | 10,676,000 | 13,543,000 |
| Securities available for sale | 70,538,000 | 70,568,000 | 61,105,000 | 55,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,073,194,000 | 1,062,639,000 | 1,073,203,000 | 1,066,964,000 |
| Interest-bearing deposits | 984,084,000 | 975,661,000 | 982,835,000 | 968,179,000 |
| Noninterest-bearing deposits | 89,111,000 | 86,978,000 | 90,368,000 | 98,785,000 |
| Equity capital | 146,497,000 | 147,819,000 | 148,677,000 | 146,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 14,281,000 | 29,481,000 | 44,751,000 | 60,990,000 |
| Interest expense | 4,546,000 | 9,264,000 | 13,948,000 | 18,452,000 |
| Net interest income | 9,735,000 | 20,217,000 | 30,803,000 | 42,538,000 |
| Noninterest income | 430,000 | 1,013,000 | 1,606,000 | 2,454,000 |
| Noninterest expense | 5,255,000 | 10,641,000 | 16,077,000 | 22,142,000 |
| Provision for loan losses | 36,000 | 86,000 | 172,000 | 3,430,000 |
| Pretax income | 4,874,000 | 10,503,000 | 16,187,000 | 19,447,000 |
| Income tax | 1,082,000 | 2,396,000 | 3,694,000 | 4,165,000 |
| Net income | 3,792,000 | 8,107,000 | 12,493,000 | 15,282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,287,000 | 133,835,000 | 134,916,000 | 133,561,000 |
| Total capital | 143,961,000 | 144,502,000 | 145,592,000 | 145,694,000 |
| Risk-weighted assets | 996,249,000 | 999,537,000 | 986,900,000 | 969,231,000 |