Call reports 2006
STERLING STATE BANK — 2006
What STERLING STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 258,355,000 | 265,616,000 | 262,388,000 | 265,779,000 |
| Total loans | 187,274,000 | 198,231,000 | 195,444,000 | 192,122,000 |
| Allowance for loan losses | 2,321,000 | 2,327,000 | 2,356,000 | 2,441,000 |
| Securities available for sale | 34,490,000 | 26,066,000 | 25,395,000 | 24,463,000 |
| Securities held to maturity | 10,731,000 | 10,729,000 | 10,713,000 | 10,712,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,361,000 | 216,412,000 | 214,869,000 | 220,915,000 |
| Interest-bearing deposits | 177,233,000 | 179,286,000 | 179,169,000 | 182,172,000 |
| Noninterest-bearing deposits | 36,128,000 | 37,126,000 | 35,700,000 | 38,743,000 |
| Equity capital | 22,685,000 | 22,892,000 | 23,413,000 | 23,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,293,000 | 8,702,000 | 13,257,000 | 17,670,000 |
| Interest expense | 1,551,000 | 3,250,000 | 5,040,000 | 6,818,000 |
| Net interest income | 2,742,000 | 5,452,000 | 8,217,000 | 10,852,000 |
| Noninterest income | 676,000 | 1,320,000 | 1,932,000 | 2,474,000 |
| Noninterest expense | 3,109,000 | 6,167,000 | 9,284,000 | 12,133,000 |
| Provision for loan losses | 30,000 | 30,000 | 45,000 | 130,000 |
| Pretax income | 279,000 | 575,000 | 820,000 | 1,063,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 6,000 |
| Net income | 273,000 | 569,000 | 814,000 | 1,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,219,000 | 23,515,000 | 23,760,000 | 23,528,000 |
| Total capital | 25,540,000 | 25,842,000 | 26,116,000 | 25,969,000 |
| Risk-weighted assets | 214,908,000 | 227,721,000 | 223,062,000 | 220,778,000 |