Call reports 2019
STERLING BANK AND TRUST, FSB — 2019
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 3,256,980,000 | 3,281,148,000 | 3,322,954,000 | 3,243,449,000 |
| Total loans | 2,949,140,000 | 2,948,297,000 | 2,927,255,000 | 2,916,624,000 |
| Allowance for loan losses | 20,698,000 | 20,918,000 | 21,204,000 | 21,730,000 |
| Securities available for sale | 146,859,000 | 149,202,000 | 149,029,000 | 147,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,552,140,000 | 2,660,512,000 | 2,699,680,000 | 2,597,701,000 |
| Interest-bearing deposits | 2,366,039,000 | 2,476,254,000 | 2,494,510,000 | 2,417,876,000 |
| Noninterest-bearing deposits | 186,101,000 | 184,258,000 | 205,170,000 | 179,825,000 |
| Equity capital | 315,382,000 | 325,156,000 | 335,837,000 | 325,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 43,079,000 | 87,667,000 | 131,701,000 | 174,674,000 |
| Interest expense | 11,711,000 | 24,610,000 | 37,636,000 | 49,684,000 |
| Net interest income | 31,368,000 | 63,057,000 | 94,065,000 | 124,990,000 |
| Noninterest income | 3,791,000 | 5,869,000 | 9,068,000 | 11,353,000 |
| Noninterest expense | 12,821,000 | 26,160,000 | 39,312,000 | 76,202,000 |
| Provision for loan losses | -1,014,000 | -834,000 | -583,000 | -133,000 |
| Pretax income | 23,401,000 | 43,706,000 | 64,540,000 | 60,394,000 |
| Income tax | 6,627,000 | 12,371,000 | 18,265,000 | 20,139,000 |
| Net income | 16,774,000 | 31,335,000 | 46,275,000 | 40,255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 314,948,000 | 324,743,000 | 335,571,000 | 325,255,000 |
| Total capital | 335,646,000 | 345,661,000 | 356,775,000 | 346,985,000 |
| Risk-weighted assets | 1,960,099,000 | 1,951,127,000 | 1,931,638,000 | 2,873,030,000 |