Call reports 2009
STERLING BANK — 2009
What STERLING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 392,967,000 | 383,423,000 | 382,671,000 | 369,621,000 |
| Total loans | 302,761,000 | 300,701,000 | 297,014,000 | 300,599,000 |
| Allowance for loan losses | 8,380,000 | 11,613,000 | 10,607,000 | 9,915,000 |
| Securities available for sale | 31,875,000 | 34,466,000 | 35,340,000 | 34,098,000 |
| Securities held to maturity | 17,708,000 | 14,123,000 | 11,702,000 | 9,098,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 343,608,000 | 343,537,000 | 343,360,000 | 331,094,000 |
| Interest-bearing deposits | 308,886,000 | 309,345,000 | 311,839,000 | 299,862,000 |
| Noninterest-bearing deposits | 34,722,000 | 34,192,000 | 31,521,000 | 31,232,000 |
| Equity capital | 31,987,000 | 22,362,000 | 22,689,000 | 22,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,733,000 | 9,542,000 | 14,317,000 | 18,919,000 |
| Interest expense | 2,111,000 | 4,131,000 | 5,926,000 | 7,447,000 |
| Net interest income | 2,622,000 | 5,411,000 | 8,391,000 | 11,472,000 |
| Noninterest income | 193,000 | 192,000 | 355,000 | 478,000 |
| Noninterest expense | 3,361,000 | 7,102,000 | 10,648,000 | 14,128,000 |
| Provision for loan losses | 0 | 5,390,000 | 5,390,000 | 5,390,000 |
| Pretax income | -546,000 | -6,884,000 | -7,287,000 | -7,563,000 |
| Income tax | -207,000 | 2,857,000 | 2,857,000 | 2,041,000 |
| Net income | -339,000 | -9,741,000 | -10,144,000 | -9,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,679,000 | 20,187,000 | 20,283,000 | 20,922,000 |
| Total capital | 31,510,000 | 23,908,000 | 23,928,000 | 24,553,000 |
| Risk-weighted assets | 301,886,000 | 289,764,000 | 284,602,000 | 284,163,000 |