Call reports 2014
STERLING BANK AND TRUST, FSB — 2014
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,025,323,000 | 1,107,263,000 | 1,195,066,000 | 1,240,274,000 |
| Total loans | 952,515,000 | 1,016,934,000 | 1,099,750,000 | 1,147,887,000 |
| Allowance for loan losses | 9,636,000 | 9,752,000 | 10,198,000 | 10,015,000 |
| Securities available for sale | 17,704,000 | 32,764,000 | 32,707,000 | 32,038,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 870,852,000 | 874,659,000 | 912,895,000 | 964,285,000 |
| Interest-bearing deposits | 846,175,000 | 841,175,000 | 876,503,000 | 923,608,000 |
| Noninterest-bearing deposits | 24,677,000 | 33,484,000 | 36,392,000 | 40,677,000 |
| Equity capital | 109,752,000 | 114,424,000 | 114,742,000 | 117,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,903,000 | 24,513,000 | 38,127,000 | 52,410,000 |
| Interest expense | 1,412,000 | 2,805,000 | 4,322,000 | 5,911,000 |
| Net interest income | 10,491,000 | 21,708,000 | 33,805,000 | 46,499,000 |
| Noninterest income | 440,000 | 1,216,000 | 1,782,000 | 2,165,000 |
| Noninterest expense | 4,492,000 | 9,106,000 | 14,093,000 | 19,475,000 |
| Provision for loan losses | -600,000 | -600,000 | -600,000 | -1,400,000 |
| Pretax income | 7,039,000 | 14,418,000 | 22,094,000 | 30,589,000 |
| Income tax | 2,747,000 | 5,636,000 | 8,648,000 | 11,787,000 |
| Net income | 4,292,000 | 8,782,000 | 13,446,000 | 18,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,501,000 | 108,620,000 | 108,664,000 | 111,698,000 |
| Total capital | 112,494,000 | 117,185,000 | 117,690,000 | 121,119,000 |
| Risk-weighted assets | 660,375,000 | 703,461,000 | 743,544,000 | 775,718,000 |