Call reports 2015
STERLING BANK AND TRUST, FSB — 2015
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,303,584,000 | 1,385,623,000 | 1,526,851,000 | 1,710,430,000 |
| Total loans | 1,197,835,000 | 1,280,028,000 | 1,417,357,000 | 1,589,960,000 |
| Allowance for loan losses | 10,155,000 | 10,283,000 | 10,675,000 | 10,984,000 |
| Securities available for sale | 41,897,000 | 41,821,000 | 41,537,000 | 46,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,010,046,000 | 1,036,724,000 | 1,153,845,000 | 1,238,096,000 |
| Interest-bearing deposits | 976,852,000 | 988,175,000 | 1,102,347,000 | 1,185,462,000 |
| Noninterest-bearing deposits | 33,194,000 | 48,549,000 | 51,498,000 | 52,634,000 |
| Equity capital | 120,055,000 | 124,252,000 | 128,422,000 | 132,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 14,902,000 | 30,580,000 | 47,611,000 | 66,491,000 |
| Interest expense | 1,624,000 | 3,421,000 | 5,465,000 | 8,065,000 |
| Net interest income | 13,278,000 | 27,159,000 | 42,146,000 | 58,426,000 |
| Noninterest income | 852,000 | 2,423,000 | 3,425,000 | 3,871,000 |
| Noninterest expense | 5,402,000 | 11,212,000 | 17,134,000 | 23,295,000 |
| Provision for loan losses | 50,000 | 125,000 | 300,000 | 525,000 |
| Pretax income | 8,678,000 | 18,245,000 | 28,137,000 | 38,477,000 |
| Income tax | 3,421,000 | 7,232,000 | 11,180,000 | 15,327,000 |
| Net income | 5,257,000 | 11,013,000 | 16,957,000 | 23,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,632,000 | 124,760,000 | 129,030,000 | 133,438,000 |
| Total capital | 130,787,000 | 135,043,000 | 139,705,000 | 144,422,000 |
| Risk-weighted assets | 825,516,000 | 876,836,000 | 957,420,000 | 1,054,301,000 |