Call reports 2022
STERLING BANK — 2022
What STERLING BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,393,782,000 | 1,376,734,000 | 1,374,966,000 | 1,357,568,000 |
| Total loans | 1,038,832,000 | 1,003,333,000 | 995,811,000 | 990,111,000 |
| Allowance for loan losses | 13,922,000 | 13,862,000 | 13,807,000 | 13,858,000 |
| Securities available for sale | 34,412,000 | 33,515,000 | 33,678,000 | 34,062,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,211,340,000 | 1,192,347,000 | 1,188,711,000 | 1,172,157,000 |
| Interest-bearing deposits | 1,063,344,000 | 1,050,866,000 | 1,046,417,000 | 1,035,911,000 |
| Noninterest-bearing deposits | 147,996,000 | 141,481,000 | 142,294,000 | 136,247,000 |
| Equity capital | 158,384,000 | 159,957,000 | 160,793,000 | 161,477,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 14,410,000 | 29,586,000 | 46,290,000 | 65,111,000 |
| Interest expense | 1,828,000 | 3,805,000 | 6,708,000 | 10,964,000 |
| Net interest income | 12,582,000 | 25,781,000 | 39,582,000 | 54,147,000 |
| Noninterest income | 615,000 | 1,292,000 | 1,959,000 | 2,660,000 |
| Noninterest expense | 6,082,000 | 12,626,000 | 19,418,000 | 26,285,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 7,115,000 | 14,447,000 | 22,123,000 | 30,422,000 |
| Income tax | 1,404,000 | 2,830,000 | 4,173,000 | 5,553,000 |
| Net income | 5,711,000 | 11,617,000 | 17,950,000 | 24,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 152,527,000 | 155,523,000 | 157,238,000 | 160,372,000 |
| Total capital | 164,949,000 | 167,504,000 | 168,976,000 | 172,012,000 |
| Risk-weighted assets | 992,288,000 | 956,630,000 | 936,945,000 | 928,991,000 |