Call reports 2017
STERLING BANK AND TRUST, FSB — 2017
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,203,485,000 | 2,420,063,000 | 2,635,806,000 | 2,963,376,000 |
| Total loans | 2,022,528,000 | 2,223,296,000 | 2,418,144,000 | 2,727,004,000 |
| Allowance for loan losses | 15,568,000 | 16,246,000 | 17,189,000 | 18,457,000 |
| Securities available for sale | 86,591,000 | 101,973,000 | 109,416,000 | 126,602,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,757,074,000 | 1,838,659,000 | 2,155,468,000 | 2,365,850,000 |
| Interest-bearing deposits | 1,661,712,000 | 1,729,869,000 | 2,028,890,000 | 2,171,429,000 |
| Noninterest-bearing deposits | 95,362,000 | 108,790,000 | 126,578,000 | 194,421,000 |
| Equity capital | 201,158,000 | 206,959,000 | 227,761,000 | 241,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 27,441,000 | 56,341,000 | 89,011,000 | 124,116,000 |
| Interest expense | 4,364,000 | 9,010,000 | 14,731,000 | 21,365,000 |
| Net interest income | 23,077,000 | 47,331,000 | 74,280,000 | 102,751,000 |
| Noninterest income | 4,624,000 | 6,680,000 | 12,353,000 | 14,522,000 |
| Noninterest expense | 8,059,000 | 18,307,000 | 28,538,000 | 40,023,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 2,100,000 | 2,700,000 |
| Pretax income | 19,042,000 | 34,577,000 | 56,068,000 | 74,669,000 |
| Income tax | 7,675,000 | 14,128,000 | 22,841,000 | 33,984,000 |
| Net income | 11,367,000 | 20,449,000 | 33,227,000 | 40,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 201,169,000 | 205,044,000 | 226,982,000 | 240,708,000 |
| Total capital | 216,737,000 | 221,290,000 | 244,171,000 | 265,653,000 |
| Risk-weighted assets | 1,342,423,000 | 1,484,837,000 | 1,592,113,000 | 2,640,270,000 |