Call reports 2018
STERLING BANK AND TRUST, FSB — 2018
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 3,037,810,000 | 3,112,255,000 | 3,197,286,000 | 3,198,235,000 |
| Total loans | 2,803,571,000 | 2,859,104,000 | 2,931,182,000 | 2,920,617,000 |
| Allowance for loan losses | 19,132,000 | 20,300,000 | 20,765,000 | 21,850,000 |
| Securities available for sale | 120,793,000 | 138,515,000 | 138,646,000 | 144,756,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,412,506,000 | 2,468,462,000 | 2,550,427,000 | 2,576,443,000 |
| Interest-bearing deposits | 2,216,103,000 | 2,266,814,000 | 2,332,639,000 | 2,375,869,000 |
| Noninterest-bearing deposits | 196,403,000 | 201,648,000 | 217,788,000 | 200,574,000 |
| Equity capital | 256,639,000 | 272,364,000 | 287,812,000 | 303,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 37,178,000 | 76,536,000 | 118,213,000 | 161,062,000 |
| Interest expense | 7,422,000 | 15,935,000 | 25,861,000 | 36,982,000 |
| Net interest income | 29,756,000 | 60,601,000 | 92,352,000 | 124,080,000 |
| Noninterest income | 5,598,000 | 11,998,000 | 16,358,000 | 22,275,000 |
| Noninterest expense | 11,104,000 | 23,354,000 | 35,524,000 | 48,903,000 |
| Provision for loan losses | 641,000 | 1,761,000 | 2,184,000 | 3,229,000 |
| Pretax income | 23,545,000 | 47,387,000 | 70,874,000 | 94,222,000 |
| Income tax | 6,645,000 | 13,376,000 | 20,008,000 | 26,290,000 |
| Net income | 16,900,000 | 34,011,000 | 50,866,000 | 67,932,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 255,986,000 | 271,756,000 | 287,297,000 | 303,055,000 |
| Total capital | 275,118,000 | 292,056,000 | 308,062,000 | 324,905,000 |
| Risk-weighted assets | 1,825,242,000 | 1,871,644,000 | 1,926,695,000 | 2,842,883,000 |