Call reports 2023
STERLING BANK — 2023
What STERLING BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,371,847,000 | 1,358,690,000 | 1,364,621,000 | 1,383,381,000 |
| Total loans | 978,592,000 | 996,911,000 | 991,005,000 | 931,761,000 |
| Allowance for loan losses | 13,830,000 | 13,800,000 | 13,784,000 | 13,849,000 |
| Securities available for sale | 36,246,000 | 35,576,000 | 33,554,000 | 40,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,192,463,000 | 1,176,587,000 | 1,181,150,000 | 1,197,433,000 |
| Interest-bearing deposits | 1,055,922,000 | 1,045,133,000 | 1,052,151,000 | 1,066,900,000 |
| Noninterest-bearing deposits | 136,541,000 | 131,454,000 | 129,000,000 | 130,533,000 |
| Equity capital | 162,377,000 | 162,496,000 | 162,651,000 | 165,632,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,926,000 | 38,560,000 | 58,939,000 | 81,191,000 |
| Interest expense | 5,467,000 | 12,115,000 | 19,998,000 | 28,844,000 |
| Net interest income | 13,459,000 | 26,445,000 | 38,941,000 | 52,347,000 |
| Noninterest income | 779,000 | 1,605,000 | 2,411,000 | 3,165,000 |
| Noninterest expense | 6,751,000 | 14,020,000 | 21,526,000 | 29,080,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 90,000 |
| Pretax income | 7,487,000 | 14,030,000 | 19,796,000 | 26,342,000 |
| Income tax | 1,210,000 | 2,212,000 | 3,018,000 | 3,972,000 |
| Net income | 6,277,000 | 11,818,000 | 16,778,000 | 22,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,696,000 | 161,161,000 | 162,016,000 | 164,313,000 |
| Total capital | 172,441,000 | 173,051,000 | 173,767,000 | 175,336,000 |
| Risk-weighted assets | 937,528,000 | 949,269,000 | 938,046,000 | 879,055,000 |