Call reports 2001
STERLING STATE BANK — 2001
What STERLING STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 244,840,000 | 242,555,000 | 239,619,000 | 254,726,000 |
| Total loans | 179,740,000 | 176,397,000 | 182,714,000 | 203,309,000 |
| Allowance for loan losses | 1,520,000 | 1,624,000 | 1,692,000 | 1,946,000 |
| Securities available for sale | 26,752,000 | 27,212,000 | 25,274,000 | 26,799,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,676,000 | 206,688,000 | 199,725,000 | 214,493,000 |
| Interest-bearing deposits | 192,575,000 | 184,267,000 | 175,228,000 | 192,945,000 |
| Noninterest-bearing deposits | 18,101,000 | 22,421,000 | 24,497,000 | 21,548,000 |
| Equity capital | 17,886,000 | 17,898,000 | 18,406,000 | 18,774,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,959,000 | 9,870,000 | 14,683,000 | 19,788,000 |
| Interest expense | 2,669,000 | 5,178,000 | 7,270,000 | 9,100,000 |
| Net interest income | 2,290,000 | 4,692,000 | 7,413,000 | 10,688,000 |
| Noninterest income | 434,000 | 923,000 | 1,475,000 | 1,656,000 |
| Noninterest expense | 2,215,000 | 4,536,000 | 7,110,000 | 9,851,000 |
| Provision for loan losses | 60,000 | 140,000 | 260,000 | 530,000 |
| Pretax income | 460,000 | 965,000 | 1,548,000 | 2,000,000 |
| Income tax | 216,000 | 406,000 | 610,000 | 765,000 |
| Net income | 244,000 | 559,000 | 938,000 | 1,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,460,000 | 17,779,000 | 18,160,000 | 18,460,000 |
| Total capital | 18,980,000 | 19,403,000 | 19,852,000 | 20,406,000 |
| Risk-weighted assets | 173,752,000 | 173,591,000 | 181,998,000 | 197,825,000 |