Call reports 2006
STERLING BANK — 2006
What STERLING BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 353,526,000 | 342,089,000 | 334,699,000 | 337,287,000 |
| Total loans | 267,979,000 | 245,787,000 | 247,856,000 | 244,926,000 |
| Allowance for loan losses | 1,198,000 | 1,244,000 | 1,290,000 | 1,760,000 |
| Securities available for sale | 43,401,000 | 48,090,000 | 50,107,000 | 47,526,000 |
| Securities held to maturity | 11,077,000 | 10,430,000 | 9,763,000 | 9,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,357,000 | 296,052,000 | 287,740,000 | 295,329,000 |
| Interest-bearing deposits | 265,190,000 | 262,516,000 | 255,989,000 | 256,269,000 |
| Noninterest-bearing deposits | 33,167,000 | 33,536,000 | 31,751,000 | 39,060,000 |
| Equity capital | 34,309,000 | 34,356,000 | 35,015,000 | 34,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,643,000 | 11,319,000 | 16,943,000 | 22,605,000 |
| Interest expense | 2,441,000 | 4,982,000 | 7,617,000 | 10,352,000 |
| Net interest income | 3,202,000 | 6,337,000 | 9,326,000 | 12,253,000 |
| Noninterest income | 145,000 | 323,000 | 480,000 | 592,000 |
| Noninterest expense | 2,686,000 | 5,480,000 | 8,099,000 | 11,050,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 605,000 |
| Pretax income | 616,000 | 1,090,000 | 1,572,000 | 1,190,000 |
| Income tax | 234,000 | 414,000 | 597,000 | 452,000 |
| Net income | 382,000 | 676,000 | 975,000 | 738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,351,000 | 35,593,000 | 35,755,000 | 35,428,000 |
| Total capital | 36,615,000 | 36,906,000 | 37,117,000 | 37,263,000 |
| Risk-weighted assets | 289,166,000 | 268,083,000 | 271,750,000 | 270,614,000 |