Call reports 2009
STERLING BANK — 2009
What STERLING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 985,599,000 | 646,579,000 | 622,997,000 | 675,970,000 |
| Total loans | 426,643,000 | 421,232,000 | 397,066,000 | 382,297,000 |
| Allowance for loan losses | 6,668,000 | 6,860,000 | 7,112,000 | 7,841,000 |
| Securities available for sale | 78,725,000 | 75,537,000 | 63,531,000 | 64,416,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 900,429,000 | 562,594,000 | 539,636,000 | 596,815,000 |
| Interest-bearing deposits | 694,704,000 | 342,815,000 | 328,304,000 | 376,858,000 |
| Noninterest-bearing deposits | 205,725,000 | 219,779,000 | 211,332,000 | 219,957,000 |
| Equity capital | 59,599,000 | 58,351,000 | 59,636,000 | 58,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 6,326,000 | 12,956,000 | 19,233,000 | 25,696,000 |
| Interest expense | 2,302,000 | 4,045,000 | 5,367,000 | 6,508,000 |
| Net interest income | 4,024,000 | 8,911,000 | 13,866,000 | 19,188,000 |
| Noninterest income | 676,000 | 320,000 | 1,075,000 | 2,099,000 |
| Noninterest expense | 3,699,000 | 6,941,000 | 9,601,000 | 12,274,000 |
| Provision for loan losses | 3,153,000 | 5,822,000 | 7,125,000 | 8,637,000 |
| Pretax income | -2,152,000 | -3,532,000 | -1,233,000 | 928,000 |
| Income tax | -874,000 | -1,417,000 | -566,000 | 314,000 |
| Net income | -560,000 | -1,266,000 | 214,000 | 1,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,625,000 | 60,474,000 | 61,914,000 | 61,007,000 |
| Total capital | 68,369,000 | 66,486,000 | 67,423,000 | 66,500,000 |
| Risk-weighted assets | 568,462,000 | 480,130,000 | 439,070,000 | 437,035,000 |