Call reports 2004
STERLING BANK — 2004
What STERLING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 278,013,000 | 283,686,000 | 288,934,000 | 294,265,000 |
| Total loans | 169,291,000 | 183,279,000 | 197,221,000 | 205,816,000 |
| Allowance for loan losses | 798,000 | 823,000 | 917,000 | 913,000 |
| Securities available for sale | 53,435,000 | 58,299,000 | 56,266,000 | 53,950,000 |
| Securities held to maturity | 16,782,000 | 15,754,000 | 14,865,000 | 14,016,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,197,000 | 239,555,000 | 245,236,000 | 252,299,000 |
| Interest-bearing deposits | 190,031,000 | 203,962,000 | 211,313,000 | 217,869,000 |
| Noninterest-bearing deposits | 42,166,000 | 35,593,000 | 33,923,000 | 34,430,000 |
| Equity capital | 19,970,000 | 19,530,000 | 20,492,000 | 20,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,029,000 | 6,369,000 | 9,976,000 | 13,831,000 |
| Interest expense | 874,000 | 1,835,000 | 2,906,000 | 4,122,000 |
| Net interest income | 2,155,000 | 4,534,000 | 7,070,000 | 9,709,000 |
| Noninterest income | 127,000 | 267,000 | 391,000 | 550,000 |
| Noninterest expense | 2,042,000 | 4,178,000 | 6,283,000 | 8,477,000 |
| Provision for loan losses | 40,000 | 65,000 | 158,000 | 155,000 |
| Pretax income | 277,000 | 660,000 | 1,143,000 | 1,759,000 |
| Income tax | 97,000 | 231,000 | 400,000 | 633,000 |
| Net income | 180,000 | 429,000 | 743,000 | 1,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,968,000 | 20,504,000 | 20,759,000 | 21,084,000 |
| Total capital | 20,766,000 | 21,327,000 | 21,676,000 | 22,058,000 |
| Risk-weighted assets | 174,942,000 | 188,780,000 | 199,917,000 | 210,860,000 |