Call reports 2022
STERLING STATE BANK — 2022
What STERLING STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 486,301,000 | 482,375,000 | 492,722,000 | 519,156,000 |
| Total loans | 243,906,000 | 245,774,000 | 249,382,000 | 262,270,000 |
| Allowance for loan losses | 3,395,000 | 3,396,000 | 3,397,000 | 3,399,000 |
| Securities available for sale | 217,366,000 | 217,701,000 | 218,755,000 | 231,111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,001,000 | 374,124,000 | 388,332,000 | 403,657,000 |
| Interest-bearing deposits | 262,127,000 | 254,052,000 | 266,719,000 | 259,788,000 |
| Noninterest-bearing deposits | 117,874,000 | 120,072,000 | 121,613,000 | 143,869,000 |
| Equity capital | 25,182,000 | 20,559,000 | 12,030,000 | 14,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,480,000 | 7,116,000 | 10,975,000 | 15,184,000 |
| Interest expense | 243,000 | 603,000 | 1,233,000 | 2,234,000 |
| Net interest income | 3,237,000 | 6,513,000 | 9,742,000 | 12,950,000 |
| Noninterest income | 1,147,000 | 1,639,000 | 2,067,000 | 2,509,000 |
| Noninterest expense | 3,671,000 | 6,711,000 | 9,695,000 | 12,871,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 710,000 | 1,438,000 | 2,111,000 | 2,585,000 |
| Income tax | 61,000 | 263,000 | 294,000 | 381,000 |
| Net income | 649,000 | 1,175,000 | 1,817,000 | 2,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,151,000 | 35,516,000 | 35,994,000 | 36,290,000 |
| Total capital | 38,207,000 | 38,654,000 | 39,177,000 | 39,689,000 |
| Risk-weighted assets | 244,173,000 | 250,808,000 | 254,464,000 | 280,129,000 |