Call reports 2014
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2014
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 450,628,000 | 444,999,000 | 437,604,000 | 440,760,000 |
| Total loans | 188,120,000 | 188,745,000 | 187,410,000 | 186,890,000 |
| Allowance for loan losses | 1,494,000 | 1,562,000 | 1,550,000 | 1,557,000 |
| Securities available for sale | 65,587,000 | 67,845,000 | 69,800,000 | 85,187,000 |
| Securities held to maturity | 143,560,000 | 135,585,000 | 128,741,000 | 119,260,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,092,000 | 391,446,000 | 385,859,000 | 381,451,000 |
| Interest-bearing deposits | 358,745,000 | 353,899,000 | 350,406,000 | 345,368,000 |
| Noninterest-bearing deposits | 40,347,000 | 37,547,000 | 35,453,000 | 36,083,000 |
| Equity capital | 48,935,000 | 48,868,000 | 49,266,000 | 45,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,748,000 | 7,482,000 | 11,065,000 | 14,577,000 |
| Interest expense | 632,000 | 1,218,000 | 1,783,000 | 2,362,000 |
| Net interest income | 3,116,000 | 6,264,000 | 9,282,000 | 12,215,000 |
| Noninterest income | 511,000 | 1,042,000 | 2,493,000 | 3,131,000 |
| Noninterest expense | 3,478,000 | 6,619,000 | 9,828,000 | 13,315,000 |
| Provision for loan losses | 55,000 | 134,000 | 135,000 | 162,000 |
| Pretax income | -1,109,000 | -1,562,000 | -990,000 | -1,313,000 |
| Income tax | -494,000 | -726,000 | -549,000 | -633,000 |
| Net income | -615,000 | -836,000 | -441,000 | -680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,400,000 | 43,647,000 | 43,737,000 | 41,349,000 |
| Total capital | 46,003,000 | 45,243,000 | 45,321,000 | 42,939,000 |
| Risk-weighted assets | 287,178,000 | 271,721,000 | 263,486,000 | 257,302,000 |