Call reports 2002
STERLING BANK — 2002
What STERLING BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 183,818,000 | 183,583,000 | 197,636,000 | 201,910,000 |
| Total loans | 123,554,000 | 136,625,000 | 137,038,000 | 139,799,000 |
| Allowance for loan losses | 703,000 | 626,000 | 642,000 | 662,000 |
| Securities available for sale | 25,989,000 | 26,086,000 | 28,036,000 | 24,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,336,000 | 170,649,000 | 184,599,000 | 183,986,000 |
| Interest-bearing deposits | 143,234,000 | 140,882,000 | 153,722,000 | 150,948,000 |
| Noninterest-bearing deposits | 28,102,000 | 29,767,000 | 30,877,000 | 33,038,000 |
| Equity capital | 11,509,000 | 11,838,000 | 12,045,000 | 12,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,526,000 | 5,116,000 | 7,793,000 | 10,444,000 |
| Interest expense | 851,000 | 1,654,000 | 2,484,000 | 3,266,000 |
| Net interest income | 1,675,000 | 3,462,000 | 5,309,000 | 7,178,000 |
| Noninterest income | 129,000 | 275,000 | 448,000 | 610,000 |
| Noninterest expense | 1,736,000 | 3,598,000 | 5,435,000 | 7,264,000 |
| Provision for loan losses | 15,000 | 37,000 | 67,000 | 87,000 |
| Pretax income | 53,000 | 151,000 | 388,000 | 753,000 |
| Income tax | 1,000 | 8,000 | 79,000 | 246,000 |
| Net income | 52,000 | 143,000 | 309,000 | 507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,647,000 | 11,738,000 | 11,899,000 | 12,097,000 |
| Total capital | 12,350,000 | 12,364,000 | 12,541,000 | 12,759,000 |
| Risk-weighted assets | 122,937,000 | 130,754,000 | 133,050,000 | 139,245,000 |