Call reports 2011
STERLING STATE BANK — 2011
What STERLING STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 280,825,000 | 290,453,000 | 303,493,000 | 308,482,000 |
| Total loans | 189,519,000 | 182,249,000 | 180,283,000 | 175,915,000 |
| Allowance for loan losses | 3,455,000 | 3,530,000 | 3,406,000 | 2,772,000 |
| Securities available for sale | 37,096,000 | 41,420,000 | 50,072,000 | 56,461,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,767,000 | 250,785,000 | 262,105,000 | 267,363,000 |
| Interest-bearing deposits | 214,199,000 | 220,340,000 | 228,303,000 | 227,694,000 |
| Noninterest-bearing deposits | 29,568,000 | 30,445,000 | 33,802,000 | 39,669,000 |
| Equity capital | 22,873,000 | 23,472,000 | 24,184,000 | 24,923,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,348,000 | 6,876,000 | 10,137,000 | 13,356,000 |
| Interest expense | 675,000 | 1,355,000 | 2,014,000 | 2,575,000 |
| Net interest income | 2,673,000 | 5,521,000 | 8,123,000 | 10,781,000 |
| Noninterest income | 445,000 | 856,000 | 1,264,000 | 1,471,000 |
| Noninterest expense | 2,828,000 | 5,802,000 | 8,585,000 | 11,326,000 |
| Provision for loan losses | 190,000 | 390,000 | 390,000 | 390,000 |
| Pretax income | 100,000 | 185,000 | 658,000 | 782,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 95,000 | 180,000 | 653,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,047,000 | 23,132,000 | 23,795,000 | 24,319,000 |
| Total capital | 25,642,000 | 25,598,000 | 26,291,000 | 26,816,000 |
| Risk-weighted assets | 205,948,000 | 195,601,000 | 198,179,000 | 198,952,000 |