Call reports 2010
STERLING STATE BANK — 2010
What STERLING STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 267,819,000 | 272,107,000 | 287,511,000 | 286,914,000 |
| Total loans | 205,920,000 | 203,866,000 | 197,420,000 | 194,914,000 |
| Allowance for loan losses | 2,175,000 | 2,433,000 | 2,324,000 | 3,190,000 |
| Securities available for sale | 13,052,000 | 12,031,000 | 11,530,000 | 26,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,150,000 | 223,697,000 | 244,940,000 | 250,789,000 |
| Interest-bearing deposits | 192,755,000 | 196,347,000 | 208,528,000 | 215,568,000 |
| Noninterest-bearing deposits | 26,395,000 | 27,350,000 | 36,412,000 | 35,221,000 |
| Equity capital | 24,730,000 | 24,782,000 | 23,885,000 | 22,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,676,000 | 7,099,000 | 10,693,000 | 14,074,000 |
| Interest expense | 879,000 | 1,740,000 | 2,613,000 | 3,398,000 |
| Net interest income | 2,797,000 | 5,359,000 | 8,080,000 | 10,676,000 |
| Noninterest income | 567,000 | 1,015,000 | 1,399,000 | 1,700,000 |
| Noninterest expense | 2,931,000 | 5,745,000 | 8,461,000 | 11,390,000 |
| Provision for loan losses | 1,190,000 | 1,440,000 | 2,740,000 | 3,660,000 |
| Pretax income | -765,000 | -822,000 | -1,733,000 | -2,691,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | -770,000 | -827,000 | -1,738,000 | -2,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,629,000 | 24,572,000 | 23,660,000 | 22,952,000 |
| Total capital | 26,804,000 | 27,005,000 | 25,984,000 | 25,587,000 |
| Risk-weighted assets | 225,916,000 | 223,101,000 | 212,444,000 | 209,500,000 |