Call reports 2021
STERLING STATE BANK — 2021
What STERLING STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 461,469,000 | 463,585,000 | 489,670,000 | 479,115,000 |
| Total loans | 251,691,000 | 252,271,000 | 228,940,000 | 242,706,000 |
| Allowance for loan losses | 3,390,000 | 3,391,000 | 3,393,000 | 3,394,000 |
| Securities available for sale | 184,026,000 | 174,047,000 | 207,093,000 | 219,118,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 356,313,000 | 351,279,000 | 369,442,000 | 362,894,000 |
| Interest-bearing deposits | 254,149,000 | 248,374,000 | 256,756,000 | 241,299,000 |
| Noninterest-bearing deposits | 102,164,000 | 102,905,000 | 112,686,000 | 121,595,000 |
| Equity capital | 35,046,000 | 36,625,000 | 37,740,000 | 35,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,971,000 | 7,584,000 | 12,628,000 | 16,295,000 |
| Interest expense | 217,000 | 442,000 | 674,000 | 930,000 |
| Net interest income | 3,754,000 | 7,142,000 | 11,954,000 | 15,365,000 |
| Noninterest income | 431,000 | 956,000 | 1,430,000 | 2,468,000 |
| Noninterest expense | 3,162,000 | 6,293,000 | 9,493,000 | 13,601,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,025,000 | 1,806,000 | 3,892,000 | 4,199,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 408,000 |
| Net income | 1,015,000 | 1,796,000 | 3,882,000 | 3,791,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,462,000 | 33,879,000 | 35,687,000 | 35,126,000 |
| Total capital | 36,050,000 | 36,502,000 | 38,372,000 | 38,109,000 |
| Risk-weighted assets | 206,294,000 | 209,144,000 | 214,157,000 | 238,273,000 |