Call reports 2012
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2012
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 475,789,000 | 471,725,000 | 459,131,000 | 456,893,000 |
| Total loans | 179,418,000 | 181,875,000 | 185,902,000 | 191,357,000 |
| Allowance for loan losses | 1,327,000 | 1,324,000 | 1,380,000 | 1,433,000 |
| Securities available for sale | 62,022,000 | 59,521,000 | 56,321,000 | 54,284,000 |
| Securities held to maturity | 159,272,000 | 159,693,000 | 161,983,000 | 157,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,357,000 | 415,677,000 | 407,419,000 | 400,750,000 |
| Interest-bearing deposits | 384,051,000 | 380,669,000 | 373,626,000 | 365,528,000 |
| Noninterest-bearing deposits | 37,306,000 | 35,008,000 | 33,793,000 | 35,222,000 |
| Equity capital | 46,660,000 | 48,040,000 | 48,920,000 | 49,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 4,598,000 | 9,030,000 | 13,239,000 | 17,262,000 |
| Interest expense | 1,295,000 | 2,460,000 | 3,563,000 | 4,471,000 |
| Net interest income | 3,303,000 | 6,570,000 | 9,676,000 | 12,791,000 |
| Noninterest income | 661,000 | 1,247,000 | 1,823,000 | 2,454,000 |
| Noninterest expense | 3,391,000 | 6,519,000 | 9,682,000 | 12,898,000 |
| Provision for loan losses | 29,000 | 47,000 | 166,000 | 254,000 |
| Pretax income | -1,525,000 | -1,765,000 | -2,543,000 | -2,705,000 |
| Income tax | -654,000 | -800,000 | -1,174,000 | -1,289,000 |
| Net income | -871,000 | -965,000 | -1,369,000 | -1,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,445,000 | 47,100,000 | 46,191,000 | 46,095,000 |
| Total capital | 48,784,000 | 48,425,000 | 47,571,000 | 47,528,000 |
| Risk-weighted assets | 361,103,000 | 349,282,000 | 339,431,000 | 343,248,000 |