Call reports 2005
STERLING BANK — 2005
What STERLING BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 387,776,000 | 394,259,000 | 416,472,000 | 445,191,000 |
| Total loans | 317,436,000 | 332,813,000 | 359,930,000 | 383,820,000 |
| Allowance for loan losses | 3,870,000 | 3,988,000 | 4,315,000 | 4,670,000 |
| Securities available for sale | 55,512,000 | 50,984,000 | 46,616,000 | 45,477,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,258,000 | 326,802,000 | 322,841,000 | 355,166,000 |
| Interest-bearing deposits | 281,714,000 | 292,978,000 | 292,283,000 | 314,768,000 |
| Noninterest-bearing deposits | 30,544,000 | 33,824,000 | 30,558,000 | 40,398,000 |
| Equity capital | 33,510,000 | 34,728,000 | 35,505,000 | 37,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 5,137,000 | 10,749,000 | 16,990,000 | 24,081,000 |
| Interest expense | 1,391,000 | 2,968,000 | 4,941,000 | 7,447,000 |
| Net interest income | 3,746,000 | 7,781,000 | 12,049,000 | 16,634,000 |
| Noninterest income | 552,000 | 1,216,000 | 1,892,000 | 2,400,000 |
| Noninterest expense | 1,441,000 | 2,799,000 | 4,313,000 | 5,868,000 |
| Provision for loan losses | 463,000 | 768,000 | 1,123,000 | 1,543,000 |
| Pretax income | 2,394,000 | 5,430,000 | 8,505,000 | 11,623,000 |
| Income tax | 871,000 | 1,975,000 | 3,098,000 | 4,242,000 |
| Net income | 1,523,000 | 3,455,000 | 5,407,000 | 7,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,714,000 | 34,676,000 | 35,663,000 | 37,491,000 |
| Total capital | 37,584,000 | 38,664,000 | 39,978,000 | 42,161,000 |
| Risk-weighted assets | 354,239,000 | 361,701,000 | 385,994,000 | 408,672,000 |