Call reports 2016
STERLING BANK AND TRUST, FSB — 2016
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,766,653,000 | 1,951,691,000 | 2,030,626,000 | 2,163,648,000 |
| Total loans | 1,636,900,000 | 1,818,009,000 | 1,874,647,000 | 2,002,848,000 |
| Allowance for loan losses | 12,949,000 | 13,571,000 | 14,125,000 | 14,822,000 |
| Securities available for sale | 56,132,000 | 60,957,000 | 70,980,000 | 75,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,331,914,000 | 1,464,878,000 | 1,575,462,000 | 1,649,216,000 |
| Interest-bearing deposits | 1,268,492,000 | 1,387,006,000 | 1,480,511,000 | 1,555,914,000 |
| Noninterest-bearing deposits | 63,422,000 | 77,872,000 | 94,951,000 | 93,302,000 |
| Equity capital | 140,088,000 | 172,195,000 | 186,645,000 | 192,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 19,763,000 | 41,565,000 | 65,954,000 | 91,583,000 |
| Interest expense | 2,923,000 | 6,145,000 | 9,786,000 | 13,867,000 |
| Net interest income | 16,840,000 | 35,420,000 | 56,168,000 | 77,716,000 |
| Noninterest income | 4,815,000 | 6,471,000 | 10,663,000 | 11,840,000 |
| Noninterest expense | 6,301,000 | 13,222,000 | 20,136,000 | 27,685,000 |
| Provision for loan losses | 225,000 | 500,000 | 890,000 | 1,280,000 |
| Pretax income | 15,129,000 | 28,173,000 | 45,805,000 | 59,693,000 |
| Income tax | 6,078,000 | 11,329,000 | 18,441,000 | 23,936,000 |
| Net income | 9,051,000 | 16,844,000 | 27,364,000 | 35,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,631,000 | 172,708,000 | 187,142,000 | 192,342,000 |
| Total capital | 153,582,000 | 186,287,000 | 201,267,000 | 207,164,000 |
| Risk-weighted assets | 1,098,435,000 | 1,201,468,000 | 1,248,545,000 | 1,320,765,000 |