Call reports 2005
STERLING STATE BANK — 2005
What STERLING STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 247,523,000 | 252,135,000 | 254,824,000 | 276,068,000 |
| Total loans | 184,931,000 | 189,497,000 | 195,425,000 | 190,283,000 |
| Allowance for loan losses | 2,194,000 | 2,162,000 | 2,183,000 | 2,346,000 |
| Securities available for sale | 21,605,000 | 21,854,000 | 17,773,000 | 24,657,000 |
| Securities held to maturity | 10,756,000 | 10,961,000 | 10,940,000 | 10,939,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,776,000 | 208,096,000 | 206,798,000 | 228,991,000 |
| Interest-bearing deposits | 172,197,000 | 173,337,000 | 168,183,000 | 187,488,000 |
| Noninterest-bearing deposits | 34,579,000 | 34,759,000 | 38,615,000 | 41,503,000 |
| Equity capital | 22,210,000 | 22,816,000 | 22,865,000 | 22,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,781,000 | 7,627,000 | 11,746,000 | 15,880,000 |
| Interest expense | 1,154,000 | 2,358,000 | 3,691,000 | 5,168,000 |
| Net interest income | 2,627,000 | 5,269,000 | 8,055,000 | 10,712,000 |
| Noninterest income | 951,000 | 1,584,000 | 2,067,000 | 2,829,000 |
| Noninterest expense | 3,082,000 | 5,958,000 | 9,040,000 | 12,247,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 25,000 |
| Pretax income | 495,000 | 893,000 | 1,056,000 | 1,268,000 |
| Income tax | 259,000 | 259,000 | 259,000 | 259,000 |
| Net income | 236,000 | 634,000 | 797,000 | 1,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,631,000 | 23,029,000 | 23,192,000 | 22,946,000 |
| Total capital | 24,825,000 | 25,191,000 | 25,375,000 | 25,292,000 |
| Risk-weighted assets | 209,772,000 | 217,643,000 | 220,714,000 | 222,239,000 |