Call reports 2020
STERLING STATE BANK — 2020
What STERLING STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 350,168,000 | 448,763,000 | 427,909,000 | 447,418,000 |
| Total loans | 198,890,000 | 247,217,000 | 243,494,000 | 243,302,000 |
| Allowance for loan losses | 3,259,000 | 3,315,000 | 3,315,000 | 3,314,000 |
| Securities available for sale | 127,190,000 | 121,943,000 | 133,230,000 | 159,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,104,000 | 311,525,000 | 311,970,000 | 332,601,000 |
| Interest-bearing deposits | 189,598,000 | 216,706,000 | 218,138,000 | 232,084,000 |
| Noninterest-bearing deposits | 65,506,000 | 94,819,000 | 93,832,000 | 100,517,000 |
| Equity capital | 35,108,000 | 36,558,000 | 36,689,000 | 36,721,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,193,000 | 6,794,000 | 10,268,000 | 13,992,000 |
| Interest expense | 385,000 | 634,000 | 865,000 | 1,161,000 |
| Net interest income | 2,808,000 | 6,160,000 | 9,403,000 | 12,831,000 |
| Noninterest income | 422,000 | 784,000 | 1,155,000 | 1,548,000 |
| Noninterest expense | 2,827,000 | 5,637,000 | 8,614,000 | 11,997,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 403,000 | 1,307,000 | 1,944,000 | 2,382,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 10,000 |
| Net income | 393,000 | 1,297,000 | 1,934,000 | 2,372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,673,000 | 32,460,000 | 32,768,000 | 32,981,000 |
| Total capital | 34,357,000 | 35,058,000 | 35,328,000 | 35,591,000 |
| Risk-weighted assets | 214,220,000 | 207,166,000 | 204,104,000 | 208,111,000 |