Call reports 2007
STERLING STATE BANK — 2007
What STERLING STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 254,717,000 | 256,948,000 | 257,886,000 | 251,679,000 |
| Total loans | 189,934,000 | 198,242,000 | 195,298,000 | 191,630,000 |
| Allowance for loan losses | 2,537,000 | 2,531,000 | 2,719,000 | 2,525,000 |
| Securities available for sale | 23,545,000 | 17,470,000 | 14,912,000 | 11,856,000 |
| Securities held to maturity | 10,669,000 | 10,668,000 | 10,781,000 | 8,781,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,196,000 | 213,165,000 | 216,761,000 | 215,402,000 |
| Interest-bearing deposits | 175,373,000 | 176,431,000 | 184,950,000 | 182,302,000 |
| Noninterest-bearing deposits | 33,823,000 | 36,734,000 | 31,811,000 | 33,100,000 |
| Equity capital | 23,407,000 | 23,743,000 | 24,127,000 | 24,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,332,000 | 8,881,000 | 13,305,000 | 17,660,000 |
| Interest expense | 1,758,000 | 3,588,000 | 5,360,000 | 7,000,000 |
| Net interest income | 2,574,000 | 5,293,000 | 7,945,000 | 10,660,000 |
| Noninterest income | 639,000 | 1,169,000 | 1,750,000 | 2,239,000 |
| Noninterest expense | 3,022,000 | 5,912,000 | 8,694,000 | 11,358,000 |
| Provision for loan losses | 103,000 | 103,000 | 313,000 | 163,000 |
| Pretax income | 88,000 | 454,000 | 696,000 | 1,385,000 |
| Income tax | 0 | 0 | 5,000 | 6,000 |
| Net income | 88,000 | 454,000 | 691,000 | 1,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,615,000 | 23,982,000 | 24,218,000 | 24,284,000 |
| Total capital | 26,152,000 | 26,513,000 | 26,937,000 | 26,809,000 |
| Risk-weighted assets | 217,961,000 | 223,854,000 | 221,355,000 | 217,512,000 |