Call reports 2006
STERLING BANK — 2006
What STERLING BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 447,975,000 | 456,031,000 | 482,958,000 | 504,194,000 |
| Total loans | 388,748,000 | 397,706,000 | 421,054,000 | 441,401,000 |
| Allowance for loan losses | 4,818,000 | 4,966,000 | 5,266,000 | 5,450,000 |
| Securities available for sale | 47,240,000 | 46,543,000 | 50,324,000 | 47,459,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,686,000 | 376,249,000 | 394,849,000 | 423,486,000 |
| Interest-bearing deposits | 317,988,000 | 335,908,000 | 354,718,000 | 378,934,000 |
| Noninterest-bearing deposits | 41,698,000 | 40,341,000 | 40,131,000 | 44,552,000 |
| Equity capital | 38,732,000 | 39,683,000 | 41,100,000 | 42,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 7,464,000 | 15,440,000 | 24,123,000 | 33,208,000 |
| Interest expense | 2,871,000 | 6,143,000 | 9,893,000 | 13,952,000 |
| Net interest income | 4,593,000 | 9,297,000 | 14,230,000 | 19,256,000 |
| Noninterest income | 569,000 | 1,202,000 | 1,881,000 | 2,596,000 |
| Noninterest expense | 1,550,000 | 3,248,000 | 5,067,000 | 7,000,000 |
| Provision for loan losses | 96,000 | 236,000 | 513,000 | 753,000 |
| Pretax income | 3,516,000 | 7,015,000 | 10,531,000 | 14,099,000 |
| Income tax | 1,295,000 | 2,580,000 | 3,882,000 | 5,213,000 |
| Net income | 2,221,000 | 4,435,000 | 6,649,000 | 8,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,132,000 | 40,196,000 | 41,275,000 | 43,067,000 |
| Total capital | 43,950,000 | 45,162,000 | 46,541,000 | 48,517,000 |
| Risk-weighted assets | 416,281,000 | 422,985,000 | 446,682,000 | 483,393,000 |