Call reports 2002
STERLING STATE BANK — 2002
What STERLING STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 260,850,000 | 277,187,000 | 283,813,000 | 292,541,000 |
| Total loans | 214,423,000 | 227,067,000 | 234,500,000 | 233,450,000 |
| Allowance for loan losses | 2,182,000 | 2,176,000 | 2,275,000 | 2,249,000 |
| Securities available for sale | 24,985,000 | 25,647,000 | 25,619,000 | 24,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,025,000 | 222,409,000 | 221,917,000 | 241,170,000 |
| Interest-bearing deposits | 189,451,000 | 196,030,000 | 197,278,000 | 215,819,000 |
| Noninterest-bearing deposits | 21,574,000 | 26,379,000 | 24,639,000 | 25,351,000 |
| Equity capital | 18,331,000 | 19,537,000 | 20,692,000 | 20,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,914,000 | 10,056,000 | 15,400,000 | 20,894,000 |
| Interest expense | 1,658,000 | 3,365,000 | 5,134,000 | 6,857,000 |
| Net interest income | 3,256,000 | 6,691,000 | 10,266,000 | 14,037,000 |
| Noninterest income | 558,000 | 1,180,000 | 1,796,000 | 2,414,000 |
| Noninterest expense | 3,204,000 | 6,254,000 | 9,324,000 | 12,885,000 |
| Provision for loan losses | 248,000 | 500,000 | 600,000 | 600,000 |
| Pretax income | 362,000 | 1,118,000 | 2,178,000 | 3,164,000 |
| Income tax | 261,000 | 261,000 | 261,000 | 258,000 |
| Net income | 101,000 | 857,000 | 1,917,000 | 2,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,559,000 | 19,315,000 | 20,375,000 | 20,117,000 |
| Total capital | 20,741,000 | 21,491,000 | 22,650,000 | 22,366,000 |
| Risk-weighted assets | 208,266,000 | 233,183,000 | 224,423,000 | 223,299,000 |