Call reports 2020
STERLING BANK AND TRUST, FSB — 2020
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 3,479,761,000 | 3,737,921,000 | 3,934,175,000 | 3,903,167,000 |
| Total loans | 2,851,222,000 | 2,769,597,000 | 2,680,623,000 | 2,532,004,000 |
| Allowance for loan losses | 42,613,000 | 46,931,000 | 48,258,000 | 72,387,000 |
| Securities available for sale | 153,833,000 | 252,353,000 | 242,506,000 | 299,595,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,688,697,000 | 2,941,652,000 | 3,150,593,000 | 3,133,542,000 |
| Interest-bearing deposits | 2,580,973,000 | 2,832,240,000 | 3,050,587,000 | 3,049,470,000 |
| Noninterest-bearing deposits | 107,724,000 | 109,412,000 | 100,006,000 | 84,072,000 |
| Equity capital | 373,065,000 | 377,305,000 | 379,413,000 | 363,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 40,924,000 | 79,535,000 | 116,496,000 | 151,093,000 |
| Interest expense | 11,240,000 | 21,728,000 | 31,953,000 | 41,125,000 |
| Net interest income | 29,684,000 | 57,807,000 | 84,543,000 | 109,968,000 |
| Noninterest income | 167,000 | 1,459,000 | 2,521,000 | 3,884,000 |
| Noninterest expense | 13,858,000 | 32,832,000 | 55,430,000 | 77,302,000 |
| Provision for loan losses | 20,853,000 | 25,150,000 | 27,273,000 | 54,865,000 |
| Pretax income | -4,547,000 | 1,606,000 | 4,663,000 | -18,028,000 |
| Income tax | -1,490,000 | 287,000 | 1,085,000 | -5,663,000 |
| Net income | -3,057,000 | 1,319,000 | 3,578,000 | -12,365,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 372,306,000 | 376,692,000 | 379,009,000 | 363,224,000 |
| Total capital | 396,923,000 | 401,137,000 | 402,961,000 | 395,103,000 |
| Risk-weighted assets | 1,951,385,000 | 1,933,122,000 | 1,891,911,000 | 2,509,803,000 |