Call reports 2004
STERLING STATE BANK — 2004
What STERLING STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 279,206,000 | 276,239,000 | 267,552,000 | 261,487,000 |
| Total loans | 206,965,000 | 205,935,000 | 203,712,000 | 201,141,000 |
| Allowance for loan losses | 2,338,000 | 2,329,000 | 2,256,000 | 2,200,000 |
| Securities available for sale | 26,455,000 | 18,601,000 | 19,282,000 | 15,839,000 |
| Securities held to maturity | 8,669,000 | 13,034,000 | 13,236,000 | 11,201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,952,000 | 224,273,000 | 220,127,000 | 219,797,000 |
| Interest-bearing deposits | 191,437,000 | 185,767,000 | 183,345,000 | 186,570,000 |
| Noninterest-bearing deposits | 37,515,000 | 38,506,000 | 36,782,000 | 33,227,000 |
| Equity capital | 21,822,000 | 21,439,000 | 22,389,000 | 22,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,987,000 | 8,182,000 | 12,337,000 | 16,487,000 |
| Interest expense | 1,279,000 | 2,526,000 | 3,736,000 | 4,930,000 |
| Net interest income | 2,708,000 | 5,656,000 | 8,601,000 | 11,557,000 |
| Noninterest income | 783,000 | 1,414,000 | 2,140,000 | 2,841,000 |
| Noninterest expense | 3,344,000 | 6,675,000 | 9,798,000 | 12,879,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 145,000 | 393,000 | 943,000 | 1,517,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 145,000 | 392,000 | 942,000 | 1,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,710,000 | 21,956,000 | 22,506,000 | 22,395,000 |
| Total capital | 24,048,000 | 24,285,000 | 24,762,000 | 24,595,000 |
| Risk-weighted assets | 223,450,000 | 228,191,000 | 223,551,000 | 223,672,000 |