Call reports 2014
STERLING STATE BANK — 2014
What STERLING STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 302,053,000 | 306,057,000 | 306,651,000 | 310,256,000 |
| Total loans | 168,006,000 | 172,028,000 | 177,630,000 | 181,421,000 |
| Allowance for loan losses | 3,191,000 | 3,205,000 | 3,211,000 | 3,145,000 |
| Securities available for sale | 105,503,000 | 108,136,000 | 105,506,000 | 94,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,505,000 | 226,538,000 | 225,844,000 | 227,893,000 |
| Interest-bearing deposits | 181,243,000 | 176,625,000 | 175,999,000 | 179,769,000 |
| Noninterest-bearing deposits | 51,262,000 | 49,913,000 | 49,845,000 | 48,124,000 |
| Equity capital | 22,340,000 | 24,610,000 | 25,256,000 | 27,065,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,807,000 | 5,654,000 | 8,541,000 | 11,371,000 |
| Interest expense | 341,000 | 699,000 | 1,048,000 | 1,390,000 |
| Net interest income | 2,466,000 | 4,955,000 | 7,493,000 | 9,981,000 |
| Noninterest income | 455,000 | 913,000 | 1,619,000 | 2,047,000 |
| Noninterest expense | 2,564,000 | 5,115,000 | 7,545,000 | 10,019,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 360,000 | 842,000 | 1,678,000 | 2,043,000 |
| Income tax | 14,000 | 14,000 | 14,000 | 14,000 |
| Net income | 346,000 | 828,000 | 1,664,000 | 2,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,502,000 | 26,787,000 | 27,460,000 | 27,590,000 |
| Total capital | 28,824,000 | 29,166,000 | 29,867,000 | 30,015,000 |
| Risk-weighted assets | 184,888,000 | 189,467,000 | 191,751,000 | 193,237,000 |