Call reports 2013
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2013
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 461,547,000 | 456,889,000 | 447,099,000 | 445,559,000 |
| Total loans | 188,833,000 | 190,889,000 | 192,577,000 | 191,022,000 |
| Allowance for loan losses | 1,484,000 | 1,414,000 | 1,425,000 | 1,470,000 |
| Securities available for sale | 52,142,000 | 48,824,000 | 45,814,000 | 56,230,000 |
| Securities held to maturity | 163,182,000 | 161,790,000 | 155,050,000 | 148,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 409,512,000 | 404,559,000 | 395,070,000 | 393,813,000 |
| Interest-bearing deposits | 369,092,000 | 366,086,000 | 361,531,000 | 357,081,000 |
| Noninterest-bearing deposits | 40,420,000 | 38,473,000 | 33,539,000 | 36,732,000 |
| Equity capital | 49,667,000 | 49,790,000 | 49,523,000 | 49,207,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,969,000 | 7,747,000 | 11,505,000 | 15,214,000 |
| Interest expense | 788,000 | 1,539,000 | 2,253,000 | 2,939,000 |
| Net interest income | 3,181,000 | 6,208,000 | 9,252,000 | 12,275,000 |
| Noninterest income | 592,000 | 1,065,000 | 1,558,000 | 2,209,000 |
| Noninterest expense | 3,603,000 | 6,956,000 | 10,001,000 | 12,556,000 |
| Provision for loan losses | 131,000 | 195,000 | 245,000 | 295,000 |
| Pretax income | -879,000 | -1,202,000 | -1,370,000 | -1,027,000 |
| Income tax | -401,000 | -583,000 | -701,000 | -614,000 |
| Net income | -478,000 | -619,000 | -669,000 | -413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,317,000 | 44,174,000 | 44,180,000 | 45,539,000 |
| Total capital | 46,801,000 | 45,588,000 | 45,605,000 | 47,040,000 |
| Risk-weighted assets | 329,152,000 | 321,479,000 | 314,873,000 | 295,915,000 |