Call reports 2021
STERLING BANK — 2021
What STERLING BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,358,419,000 | 1,391,638,000 | 1,373,378,000 | 1,387,533,000 |
| Total loans | 1,041,739,000 | 1,073,448,000 | 1,097,866,000 | 1,059,961,000 |
| Allowance for loan losses | 13,828,000 | 13,815,000 | 13,405,000 | 14,953,000 |
| Securities available for sale | 46,383,000 | 44,488,000 | 41,416,000 | 38,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,177,369,000 | 1,207,774,000 | 1,187,006,000 | 1,204,908,000 |
| Interest-bearing deposits | 1,040,407,000 | 1,037,828,000 | 1,043,237,000 | 1,053,216,000 |
| Noninterest-bearing deposits | 136,962,000 | 169,946,000 | 143,769,000 | 151,691,000 |
| Equity capital | 152,950,000 | 155,974,000 | 158,284,000 | 158,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 15,465,000 | 31,011,000 | 47,742,000 | 64,156,000 |
| Interest expense | 2,552,000 | 4,840,000 | 6,940,000 | 8,945,000 |
| Net interest income | 12,913,000 | 26,171,000 | 40,802,000 | 55,211,000 |
| Noninterest income | 548,000 | 1,147,000 | 1,783,000 | 2,454,000 |
| Noninterest expense | 5,683,000 | 11,710,000 | 18,132,000 | 24,806,000 |
| Provision for loan losses | 0 | 0 | 500,000 | 2,075,000 |
| Pretax income | 7,778,000 | 15,608,000 | 23,953,000 | 30,784,000 |
| Income tax | 1,673,000 | 3,256,000 | 4,962,000 | 6,032,000 |
| Net income | 6,105,000 | 12,352,000 | 18,991,000 | 24,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,986,000 | 144,887,000 | 147,292,000 | 151,346,000 |
| Total capital | 155,002,000 | 157,867,000 | 160,615,000 | 164,083,000 |
| Risk-weighted assets | 1,040,492,000 | 1,037,583,000 | 1,065,721,000 | 1,016,780,000 |