Call reports 2023
STERLING STATE BANK — 2023
What STERLING STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 499,139,000 | 498,055,000 | 499,697,000 | 547,451,000 |
| Total loans | 250,638,000 | 257,628,000 | 266,460,000 | 269,749,000 |
| Allowance for loan losses | 3,400,000 | 3,401,000 | 3,402,000 | 3,403,000 |
| Securities available for sale | 222,678,000 | 213,316,000 | 205,940,000 | 209,948,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,313,000 | 340,814,000 | 352,493,000 | 380,402,000 |
| Interest-bearing deposits | 239,392,000 | 237,227,000 | 250,670,000 | 276,894,000 |
| Noninterest-bearing deposits | 119,921,000 | 103,587,000 | 101,823,000 | 103,508,000 |
| Equity capital | 18,979,000 | 16,082,000 | 11,842,000 | 19,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,171,000 | 8,390,000 | 12,925,000 | 17,814,000 |
| Interest expense | 1,245,000 | 3,071,000 | 5,288,000 | 7,652,000 |
| Net interest income | 2,926,000 | 5,319,000 | 7,637,000 | 10,162,000 |
| Noninterest income | 447,000 | 887,000 | 1,331,000 | 1,794,000 |
| Noninterest expense | 3,055,000 | 5,864,000 | 8,622,000 | 12,153,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 361,000 | 385,000 | 389,000 | 402,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 361,000 | 385,000 | 389,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,227,000 | 36,178,000 | 36,115,000 | 36,128,000 |
| Total capital | 39,523,000 | 39,553,000 | 39,518,000 | 39,532,000 |
| Risk-weighted assets | 263,585,000 | 269,995,000 | 282,734,000 | 288,460,000 |