Call reports 2013
STERLING BANK AND TRUST, FSB — 2013
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 892,983,000 | 923,393,000 | 948,683,000 | 981,166,000 |
| Total loans | 805,049,000 | 835,735,000 | 863,872,000 | 899,331,000 |
| Allowance for loan losses | 10,739,000 | 11,074,000 | 9,913,000 | 10,151,000 |
| Securities available for sale | 14,774,000 | 18,065,000 | 17,974,000 | 18,020,000 |
| Securities held to maturity | 13,453,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 741,076,000 | 782,754,000 | 801,525,000 | 829,118,000 |
| Interest-bearing deposits | 727,144,000 | 765,054,000 | 781,650,000 | 807,093,000 |
| Noninterest-bearing deposits | 13,932,000 | 17,700,000 | 19,875,000 | 22,025,000 |
| Equity capital | 92,174,000 | 96,546,000 | 100,896,000 | 105,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 10,722,000 | 21,918,000 | 33,173,000 | 44,787,000 |
| Interest expense | 1,424,000 | 2,903,000 | 4,431,000 | 5,993,000 |
| Net interest income | 9,298,000 | 19,015,000 | 28,742,000 | 38,794,000 |
| Noninterest income | 505,000 | 1,213,000 | 1,833,000 | 2,817,000 |
| Noninterest expense | 4,434,000 | 8,846,000 | 13,358,000 | 18,111,000 |
| Provision for loan losses | 800,000 | 1,100,000 | -100,000 | -700,000 |
| Pretax income | 4,973,000 | 11,868,000 | 18,903,000 | 25,786,000 |
| Income tax | 1,958,000 | 4,534,000 | 7,284,000 | 9,816,000 |
| Net income | 3,015,000 | 7,334,000 | 11,619,000 | 15,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,449,000 | 90,772,000 | 95,747,000 | 99,849,000 |
| Total capital | 92,522,000 | 98,028,000 | 103,112,000 | 107,454,000 |
| Risk-weighted assets | 599,934,000 | 599,315,000 | 609,301,000 | 628,474,000 |