Call reports 2021
STERLING BANK AND TRUST, FSB — 2021
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 3,684,400,000 | 3,404,988,000 | 3,124,250,000 | 2,877,305,000 |
| Total loans | 2,486,628,000 | 2,375,921,000 | 2,250,670,000 | 2,081,996,000 |
| Allowance for loan losses | 71,871,000 | 70,669,000 | 70,238,000 | 56,548,000 |
| Securities available for sale | 254,412,000 | 190,687,000 | 199,427,000 | 308,656,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,916,259,000 | 2,639,866,000 | 2,371,054,000 | 2,294,403,000 |
| Interest-bearing deposits | 2,830,019,000 | 2,563,110,000 | 2,288,920,000 | 2,203,881,000 |
| Noninterest-bearing deposits | 86,240,000 | 76,756,000 | 82,134,000 | 90,522,000 |
| Equity capital | 369,090,000 | 374,202,000 | 384,712,000 | 381,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 31,878,000 | 62,523,000 | 90,609,000 | 116,540,000 |
| Interest expense | 7,583,000 | 13,691,000 | 18,079,000 | 21,371,000 |
| Net interest income | 24,295,000 | 48,832,000 | 72,530,000 | 95,169,000 |
| Noninterest income | 489,000 | 174,000 | 2,179,000 | 2,745,000 |
| Noninterest expense | 17,905,000 | 36,774,000 | 47,582,000 | 65,304,000 |
| Provision for loan losses | -737,000 | -2,543,000 | -2,146,000 | -8,265,000 |
| Pretax income | 7,526,000 | 14,700,000 | 29,174,000 | 40,733,000 |
| Income tax | 2,046,000 | 4,433,000 | 8,364,000 | 11,751,000 |
| Net income | 5,480,000 | 10,267,000 | 20,810,000 | 28,982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 368,762,000 | 373,241,000 | 383,980,000 | 382,509,000 |
| Total capital | 390,950,000 | 393,962,000 | 403,752,000 | 407,699,000 |
| Risk-weighted assets | 1,725,379,000 | 1,607,803,000 | 1,531,349,000 | 1,983,839,000 |