Call reports 2022
STERLING BANK AND TRUST, FSB — 2022
What STERLING BANK AND TRUST, FSB reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,807,509,000 | 2,502,245,000 | 2,442,858,000 | 2,444,260,000 |
| Total loans | 1,888,663,000 | 1,788,093,000 | 1,689,067,000 | 1,665,926,000 |
| Allowance for loan losses | 52,455,000 | 51,766,000 | 45,362,000 | 45,464,000 |
| Securities available for sale | 359,375,000 | 377,492,000 | 348,588,000 | 343,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,226,889,000 | 2,029,594,000 | 1,978,783,000 | 1,978,688,000 |
| Interest-bearing deposits | 2,138,103,000 | 1,927,982,000 | 1,892,231,000 | 1,905,791,000 |
| Noninterest-bearing deposits | 88,786,000 | 101,612,000 | 86,552,000 | 72,897,000 |
| Equity capital | 381,610,000 | 376,697,000 | 372,963,000 | 386,363,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 24,916,000 | 47,808,000 | 72,653,000 | 99,933,000 |
| Interest expense | 2,717,000 | 5,064,000 | 9,085,000 | 16,295,000 |
| Net interest income | 22,199,000 | 42,744,000 | 63,568,000 | 83,638,000 |
| Noninterest income | 1,581,000 | 5,888,000 | 5,788,000 | 6,058,000 |
| Noninterest expense | 17,584,000 | 38,897,000 | 58,780,000 | 66,838,000 |
| Provision for loan losses | -4,289,000 | -5,398,000 | -9,755,000 | -9,934,000 |
| Pretax income | 10,249,000 | 14,727,000 | 19,741,000 | 32,244,000 |
| Income tax | 3,032,000 | 7,281,000 | 8,876,000 | 10,090,000 |
| Net income | 7,217,000 | 7,446,000 | 10,865,000 | 22,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 389,875,000 | 390,044,000 | 393,524,000 | 405,803,000 |
| Total capital | 412,381,000 | 411,041,000 | 413,262,000 | 425,159,000 |
| Risk-weighted assets | 1,770,598,000 | 1,649,052,000 | 1,553,439,000 | 1,522,440,000 |