Call reports 2007
STERLING BANK — 2007
What STERLING BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 434,851,000 | 436,239,000 | 414,509,000 | 410,459,000 |
| Total loans | 327,450,000 | 321,486,000 | 312,924,000 | 312,348,000 |
| Allowance for loan losses | 2,833,000 | 2,886,000 | 2,829,000 | 2,891,000 |
| Securities available for sale | 47,325,000 | 46,289,000 | 48,049,000 | 48,095,000 |
| Securities held to maturity | 8,020,000 | 7,567,000 | 7,094,000 | 6,754,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,050,000 | 386,453,000 | 364,245,000 | 350,440,000 |
| Interest-bearing deposits | 344,221,000 | 345,115,000 | 321,596,000 | 311,712,000 |
| Noninterest-bearing deposits | 44,829,000 | 41,338,000 | 42,649,000 | 38,728,000 |
| Equity capital | 41,787,000 | 47,294,000 | 47,645,000 | 47,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,660,000 | 12,634,000 | 19,433,000 | 25,944,000 |
| Interest expense | 2,733,000 | 6,311,000 | 9,744,000 | 12,925,000 |
| Net interest income | 2,927,000 | 6,323,000 | 9,689,000 | 13,019,000 |
| Noninterest income | 150,000 | 346,000 | 541,000 | 794,000 |
| Noninterest expense | 2,831,000 | 6,271,000 | 9,840,000 | 13,566,000 |
| Provision for loan losses | 56,000 | 101,000 | 101,000 | 401,000 |
| Pretax income | 190,000 | 302,000 | 294,000 | -149,000 |
| Income tax | 72,000 | 115,000 | 112,000 | -242,000 |
| Net income | 118,000 | 187,000 | 182,000 | 93,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,124,000 | 32,977,000 | 32,958,000 | 32,957,000 |
| Total capital | 30,023,000 | 35,932,000 | 35,859,000 | 35,923,000 |
| Risk-weighted assets | 342,107,000 | 337,411,000 | 324,598,000 | 322,799,000 |