Call reports 2003
STERLING STATE BANK — 2003
What STERLING STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 294,959,000 | 305,774,000 | 287,301,000 | 287,345,000 |
| Total loans | 226,349,000 | 229,944,000 | 220,423,000 | 207,151,000 |
| Allowance for loan losses | 2,749,000 | 3,001,000 | 2,984,000 | 2,861,000 |
| Securities available for sale | 34,179,000 | 34,390,000 | 17,639,000 | 26,198,000 |
| Securities held to maturity | 0 | 0 | 10,392,000 | 9,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,453,000 | 252,941,000 | 243,515,000 | 242,311,000 |
| Interest-bearing deposits | 213,736,000 | 218,464,000 | 208,806,000 | 207,069,000 |
| Noninterest-bearing deposits | 28,716,000 | 34,477,000 | 34,708,000 | 35,241,000 |
| Equity capital | 20,889,000 | 21,070,000 | 21,410,000 | 21,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,875,000 | 9,917,000 | 14,869,000 | 19,095,000 |
| Interest expense | 1,645,000 | 3,244,000 | 4,756,000 | 6,131,000 |
| Net interest income | 3,230,000 | 6,673,000 | 10,113,000 | 12,964,000 |
| Noninterest income | 641,000 | 1,314,000 | 1,974,000 | 2,434,000 |
| Noninterest expense | 3,235,000 | 6,634,000 | 9,897,000 | 12,952,000 |
| Provision for loan losses | 535,000 | 800,000 | 800,000 | 800,000 |
| Pretax income | 103,000 | 555,000 | 1,387,000 | 1,643,000 |
| Income tax | 0 | 2,000 | 9,000 | -2,000 |
| Net income | 103,000 | 553,000 | 1,378,000 | 1,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,771,000 | 20,948,000 | 21,498,000 | 21,564,000 |
| Total capital | 23,520,000 | 23,938,000 | 24,432,000 | 24,401,000 |
| Risk-weighted assets | 223,247,000 | 239,225,000 | 234,647,000 | 226,915,000 |