Call reports 2001
STERLING BANK — 2001
What STERLING BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 152,343,000 | 153,576,000 | 164,735,000 | 175,230,000 |
| Total loans | 87,185,000 | 92,119,000 | 104,527,000 | 122,862,000 |
| Allowance for loan losses | 689,000 | 692,000 | 691,000 | 691,000 |
| Securities available for sale | 38,211,000 | 30,433,000 | 29,097,000 | 27,135,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,894,000 | 142,213,000 | 153,047,000 | 162,255,000 |
| Interest-bearing deposits | 115,573,000 | 117,564,000 | 126,124,000 | 135,033,000 |
| Noninterest-bearing deposits | 25,321,000 | 24,649,000 | 26,923,000 | 27,222,000 |
| Equity capital | 10,052,000 | 10,018,000 | 10,228,000 | 11,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,576,000 | 5,157,000 | 7,724,000 | 10,283,000 |
| Interest expense | 1,320,000 | 2,527,000 | 3,717,000 | 4,684,000 |
| Net interest income | 1,256,000 | 2,630,000 | 4,007,000 | 5,599,000 |
| Noninterest income | 149,000 | 298,000 | 439,000 | 591,000 |
| Noninterest expense | 1,455,000 | 2,961,000 | 4,644,000 | 6,377,000 |
| Provision for loan losses | 3,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 50,000 | 111,000 | 36,000 | 90,000 |
| Income tax | 0 | 16,000 | 0 | -39,000 |
| Net income | 50,000 | 95,000 | 36,000 | 129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,048,000 | 10,092,000 | 10,033,000 | 11,606,000 |
| Total capital | 10,737,000 | 10,784,000 | 10,724,000 | 12,297,000 |
| Risk-weighted assets | 108,572,000 | 110,551,000 | 119,529,000 | 121,035,000 |