Call reports 2019
STERLING STATE BANK — 2019
What STERLING STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 347,628,000 | 350,356,000 | 353,238,000 | 352,751,000 |
| Total loans | 199,925,000 | 200,187,000 | 206,218,000 | 202,425,000 |
| Allowance for loan losses | 3,572,000 | 3,574,000 | 3,578,000 | 3,239,000 |
| Securities available for sale | 129,270,000 | 126,957,000 | 122,904,000 | 116,937,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,010,000 | 236,874,000 | 248,202,000 | 258,897,000 |
| Interest-bearing deposits | 184,354,000 | 179,636,000 | 182,150,000 | 191,598,000 |
| Noninterest-bearing deposits | 61,656,000 | 57,238,000 | 66,052,000 | 67,299,000 |
| Equity capital | 29,512,000 | 31,727,000 | 32,554,000 | 32,589,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,213,000 | 6,588,000 | 9,984,000 | 13,320,000 |
| Interest expense | 545,000 | 1,109,000 | 1,711,000 | 2,189,000 |
| Net interest income | 2,668,000 | 5,479,000 | 8,273,000 | 11,131,000 |
| Noninterest income | 456,000 | 1,190,000 | 1,577,000 | 2,030,000 |
| Noninterest expense | 2,702,000 | 5,710,000 | 8,557,000 | 11,597,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 422,000 | 959,000 | 1,292,000 | 1,575,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 412,000 | 949,000 | 1,282,000 | 1,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,983,000 | 31,396,000 | 31,554,000 | 31,737,000 |
| Total capital | 33,632,000 | 34,031,000 | 34,263,000 | 34,415,000 |
| Risk-weighted assets | 211,040,000 | 209,869,000 | 215,904,000 | 213,698,000 |