Call reports 2009
STERLING STATE BANK — 2009
What STERLING STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 276,314,000 | 278,455,000 | 280,317,000 | 276,950,000 |
| Total loans | 214,353,000 | 209,997,000 | 208,855,000 | 210,534,000 |
| Allowance for loan losses | 2,210,000 | 2,284,000 | 2,514,000 | 2,513,000 |
| Securities available for sale | 12,946,000 | 9,834,000 | 12,700,000 | 15,399,000 |
| Securities held to maturity | 4,426,000 | 4,425,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,529,000 | 220,852,000 | 224,909,000 | 226,263,000 |
| Interest-bearing deposits | 190,109,000 | 193,100,000 | 195,640,000 | 197,839,000 |
| Noninterest-bearing deposits | 30,420,000 | 27,752,000 | 29,268,000 | 28,423,000 |
| Equity capital | 25,144,000 | 25,437,000 | 25,681,000 | 25,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,849,000 | 7,691,000 | 11,344,000 | 15,208,000 |
| Interest expense | 1,144,000 | 2,168,000 | 3,161,000 | 4,171,000 |
| Net interest income | 2,705,000 | 5,523,000 | 8,183,000 | 11,037,000 |
| Noninterest income | 513,000 | 908,000 | 1,386,000 | 1,761,000 |
| Noninterest expense | 2,909,000 | 5,732,000 | 8,442,000 | 11,185,000 |
| Provision for loan losses | 150,000 | 250,000 | 550,000 | 850,000 |
| Pretax income | 159,000 | 449,000 | 577,000 | 763,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 154,000 | 444,000 | 572,000 | 758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,136,000 | 25,426,000 | 25,553,000 | 25,398,000 |
| Total capital | 27,346,000 | 27,710,000 | 28,067,000 | 27,911,000 |
| Risk-weighted assets | 233,471,000 | 227,980,000 | 227,804,000 | 230,174,000 |