Call reports 2010
STERLING BANK — 2010
What STERLING BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 |
|---|---|
| Total assets | 617,317,000 |
| Total loans | 369,416,000 |
| Allowance for loan losses | 8,248,000 |
| Securities available for sale | 76,078,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 546,153,000 |
| Interest-bearing deposits | 350,072,000 |
| Noninterest-bearing deposits | 196,081,000 |
| Equity capital | 55,681,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 |
|---|---|
| Interest income | 5,779,000 |
| Interest expense | 978,000 |
| Net interest income | 4,801,000 |
| Noninterest income | 612,000 |
| Noninterest expense | 2,657,000 |
| Provision for loan losses | 2,167,000 |
| Pretax income | 589,000 |
| Income tax | 249,000 |
| Net income | 342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 |
|---|---|
| Tier 1 capital | 58,415,000 |
| Total capital | 63,610,000 |
| Risk-weighted assets | 412,498,000 |