Call reports 2001
STERLING BANK — 2001
What STERLING BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 321,961,000 | 290,852,000 | 298,418,000 | 291,136,000 |
| Total loans | 210,667,000 | 225,627,000 | 230,103,000 | 229,501,000 |
| Allowance for loan losses | 2,827,000 | 3,008,000 | 3,172,000 | 3,036,000 |
| Securities available for sale | 45,274,000 | 44,292,000 | 45,053,000 | 46,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,809,000 | 249,202,000 | 253,055,000 | 247,184,000 |
| Interest-bearing deposits | 249,732,000 | 222,444,000 | 230,259,000 | 204,598,000 |
| Noninterest-bearing deposits | 23,077,000 | 26,758,000 | 22,796,000 | 42,586,000 |
| Equity capital | 21,336,000 | 23,381,000 | 24,208,000 | 24,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,623,000 | 11,130,000 | 16,513,000 | 21,533,000 |
| Interest expense | 2,970,000 | 5,559,000 | 7,757,000 | 9,427,000 |
| Net interest income | 2,653,000 | 5,571,000 | 8,756,000 | 12,106,000 |
| Noninterest income | 374,000 | 712,000 | 1,018,000 | 1,356,000 |
| Noninterest expense | 1,182,000 | 2,382,000 | 3,588,000 | 4,851,000 |
| Provision for loan losses | 75,000 | 300,000 | 675,000 | 1,535,000 |
| Pretax income | 1,770,000 | 3,601,000 | 5,511,000 | 7,076,000 |
| Income tax | 636,000 | 1,302,000 | 1,990,000 | 2,548,000 |
| Net income | 1,134,000 | 2,299,000 | 3,521,000 | 4,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,701,000 | 22,631,000 | 23,153,000 | 23,521,000 |
| Total capital | 23,466,000 | 25,526,000 | 26,070,000 | 26,419,000 |
| Risk-weighted assets | 221,165,000 | 231,603,000 | 233,132,000 | 231,711,000 |