Call reports 2016
STERLING STATE BANK — 2016
What STERLING STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 323,394,000 | 336,877,000 | 340,487,000 | 373,051,000 |
| Total loans | 175,476,000 | 180,767,000 | 178,021,000 | 176,218,000 |
| Allowance for loan losses | 3,454,000 | 3,458,000 | 3,461,000 | 3,465,000 |
| Securities available for sale | 112,926,000 | 125,943,000 | 129,754,000 | 145,948,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,254,000 | 234,092,000 | 236,590,000 | 263,258,000 |
| Interest-bearing deposits | 183,259,000 | 179,492,000 | 181,006,000 | 196,741,000 |
| Noninterest-bearing deposits | 50,995,000 | 54,600,000 | 55,584,000 | 66,517,000 |
| Equity capital | 29,985,000 | 33,423,000 | 30,878,000 | 27,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,751,000 | 5,514,000 | 8,308,000 | 11,107,000 |
| Interest expense | 322,000 | 635,000 | 959,000 | 1,303,000 |
| Net interest income | 2,429,000 | 4,879,000 | 7,349,000 | 9,804,000 |
| Noninterest income | 515,000 | 926,000 | 1,426,000 | 1,638,000 |
| Noninterest expense | 2,685,000 | 5,267,000 | 7,755,000 | 10,355,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 320,000 | 657,000 | 1,160,000 | 1,227,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 310,000 | 647,000 | 1,150,000 | 1,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,545,000 | 28,766,000 | 28,842,000 | 28,725,000 |
| Total capital | 30,907,000 | 31,203,000 | 31,238,000 | 31,070,000 |
| Risk-weighted assets | 187,897,000 | 193,948,000 | 190,658,000 | 186,506,000 |