Call reports 2005
STERLING BANK — 2005
What STERLING BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 309,950,000 | 335,739,000 | 342,652,000 | 351,345,000 |
| Total loans | 224,382,000 | 242,963,000 | 264,883,000 | 266,084,000 |
| Allowance for loan losses | 972,000 | 1,023,000 | 1,121,000 | 1,154,000 |
| Securities available for sale | 52,159,000 | 47,860,000 | 45,936,000 | 44,482,000 |
| Securities held to maturity | 13,256,000 | 12,482,000 | 11,493,000 | 10,787,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,153,000 | 282,557,000 | 279,440,000 | 300,440,000 |
| Interest-bearing deposits | 227,305,000 | 248,364,000 | 247,279,000 | 267,866,000 |
| Noninterest-bearing deposits | 37,848,000 | 34,193,000 | 32,161,000 | 32,574,000 |
| Equity capital | 20,572,000 | 34,111,000 | 34,181,000 | 34,248,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,182,000 | 8,832,000 | 13,866,000 | 19,205,000 |
| Interest expense | 1,420,000 | 3,080,000 | 4,978,000 | 7,153,000 |
| Net interest income | 2,762,000 | 5,752,000 | 8,888,000 | 12,052,000 |
| Noninterest income | 159,000 | 310,000 | 465,000 | 637,000 |
| Noninterest expense | 2,329,000 | 4,735,000 | 7,066,000 | 9,809,000 |
| Provision for loan losses | 63,000 | 150,000 | 252,000 | 284,000 |
| Pretax income | 529,000 | 1,178,000 | 2,036,000 | 2,597,000 |
| Income tax | 190,000 | 424,000 | 750,000 | 966,000 |
| Net income | 339,000 | 754,000 | 1,286,000 | 1,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,337,000 | 34,447,000 | 34,838,000 | 35,082,000 |
| Total capital | 22,373,000 | 35,537,000 | 36,019,000 | 36,298,000 |
| Risk-weighted assets | 221,446,000 | 238,359,000 | 285,213,000 | 286,412,000 |