Call reports 2004
STERLING BANK — 2004
What STERLING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 352,366,000 | 446,248,000 | 456,189,000 | 467,812,000 |
| Total loans | 272,405,000 | 283,672,000 | 296,768,000 | 304,435,000 |
| Allowance for loan losses | 3,373,000 | 3,418,000 | 3,557,000 | 3,658,000 |
| Securities available for sale | 35,948,000 | 34,485,000 | 36,398,000 | 51,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 296,776,000 | 388,922,000 | 396,486,000 | 391,907,000 |
| Interest-bearing deposits | 270,665,000 | 353,976,000 | 362,152,000 | 349,337,000 |
| Noninterest-bearing deposits | 26,111,000 | 34,946,000 | 34,334,000 | 42,570,000 |
| Equity capital | 29,796,000 | 30,688,000 | 32,369,000 | 33,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,127,000 | 8,362,000 | 13,244,000 | 18,262,000 |
| Interest expense | 927,000 | 1,889,000 | 3,018,000 | 4,320,000 |
| Net interest income | 3,200,000 | 6,473,000 | 10,226,000 | 13,942,000 |
| Noninterest income | 545,000 | 1,088,000 | 1,673,000 | 2,210,000 |
| Noninterest expense | 1,435,000 | 2,880,000 | 4,382,000 | 5,799,000 |
| Provision for loan losses | 15,000 | 15,000 | 586,000 | 956,000 |
| Pretax income | 2,295,000 | 4,666,000 | 6,931,000 | 9,397,000 |
| Income tax | 828,000 | 1,683,000 | 2,500,000 | 3,397,000 |
| Net income | 1,467,000 | 2,983,000 | 4,431,000 | 6,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,203,000 | 30,558,000 | 32,006,000 | 33,237,000 |
| Total capital | 32,576,000 | 33,976,000 | 35,563,000 | 36,895,000 |
| Risk-weighted assets | 308,156,000 | 334,874,000 | 344,761,000 | 358,928,000 |