Call reports 2012
STERLING BANK AND TRUST, FSB — 2012
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 782,479,000 | 799,819,000 | 824,706,000 | 860,025,000 |
| Total loans | 655,755,000 | 692,353,000 | 724,686,000 | 765,560,000 |
| Allowance for loan losses | 11,352,000 | 9,304,000 | 9,779,000 | 9,875,000 |
| Securities available for sale | 20,002,000 | 19,378,000 | 19,060,000 | 16,645,000 |
| Securities held to maturity | 20,813,000 | 20,074,000 | 19,684,000 | 17,300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,240,000 | 684,906,000 | 708,621,000 | 716,189,000 |
| Interest-bearing deposits | 657,928,000 | 671,043,000 | 693,539,000 | 700,914,000 |
| Noninterest-bearing deposits | 13,312,000 | 13,863,000 | 15,082,000 | 15,275,000 |
| Equity capital | 83,843,000 | 86,041,000 | 87,617,000 | 89,192,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,569,000 | 19,344,000 | 29,620,000 | 40,125,000 |
| Interest expense | 1,413,000 | 2,802,000 | 4,215,000 | 5,665,000 |
| Net interest income | 8,156,000 | 16,542,000 | 25,405,000 | 34,460,000 |
| Noninterest income | 312,000 | -2,069,000 | -2,243,000 | -2,381,000 |
| Noninterest expense | 4,572,000 | 8,983,000 | 13,366,000 | 17,842,000 |
| Provision for loan losses | 2,900,000 | 3,150,000 | 5,350,000 | 7,170,000 |
| Pretax income | 957,000 | 2,301,000 | 4,405,000 | 6,838,000 |
| Income tax | 295,000 | -472,000 | 68,000 | 1,031,000 |
| Net income | 662,000 | 2,773,000 | 4,337,000 | 5,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,758,000 | 75,451,000 | 79,077,000 | 81,421,000 |
| Total capital | 78,191,000 | 82,080,000 | 85,949,000 | 88,311,000 |
| Risk-weighted assets | 533,035,000 | 550,957,000 | 569,428,000 | 585,478,000 |