Call reports 2017
STERLING STATE BANK — 2017
What STERLING STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 354,409,000 | 350,268,000 | 357,804,000 | 367,254,000 |
| Total loans | 173,921,000 | 182,595,000 | 188,318,000 | 191,307,000 |
| Allowance for loan losses | 3,465,000 | 3,466,000 | 3,466,000 | 3,567,000 |
| Securities available for sale | 152,893,000 | 141,117,000 | 138,161,000 | 141,116,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,832,000 | 241,078,000 | 254,080,000 | 263,462,000 |
| Interest-bearing deposits | 188,665,000 | 183,811,000 | 190,515,000 | 195,489,000 |
| Noninterest-bearing deposits | 58,167,000 | 57,267,000 | 63,565,000 | 67,973,000 |
| Equity capital | 26,965,000 | 27,503,000 | 28,624,000 | 28,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,761,000 | 5,608,000 | 8,600,000 | 11,669,000 |
| Interest expense | 345,000 | 691,000 | 1,043,000 | 1,413,000 |
| Net interest income | 2,416,000 | 4,917,000 | 7,557,000 | 10,256,000 |
| Noninterest income | 463,000 | 872,000 | 1,117,000 | 1,756,000 |
| Noninterest expense | 2,512,000 | 5,037,000 | 7,404,000 | 10,114,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 367,000 | 747,000 | 1,265,000 | 1,890,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 357,000 | 737,000 | 1,255,000 | 1,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,052,000 | 29,027,000 | 29,410,000 | 29,837,000 |
| Total capital | 31,379,000 | 31,448,000 | 31,925,000 | 32,399,000 |
| Risk-weighted assets | 185,025,000 | 192,651,000 | 200,278,000 | 204,020,000 |