Call reports 2015
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2015
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 454,971,000 | 445,866,000 | 434,369,000 | 435,937,000 |
| Total loans | 188,677,000 | 192,096,000 | 191,184,000 | 190,885,000 |
| Allowance for loan losses | 1,528,000 | 1,600,000 | 1,570,000 | 1,544,000 |
| Securities available for sale | 112,976,000 | 106,773,000 | 104,553,000 | 115,315,000 |
| Securities held to maturity | 104,426,000 | 97,803,000 | 84,424,000 | 78,053,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,420,000 | 381,651,000 | 376,005,000 | 377,884,000 |
| Interest-bearing deposits | 347,748,000 | 342,156,000 | 336,650,000 | 334,215,000 |
| Noninterest-bearing deposits | 42,672,000 | 39,495,000 | 39,355,000 | 43,669,000 |
| Equity capital | 45,496,000 | 44,907,000 | 45,624,000 | 44,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,480,000 | 7,031,000 | 10,484,000 | 13,829,000 |
| Interest expense | 554,000 | 1,096,000 | 1,635,000 | 2,168,000 |
| Net interest income | 2,926,000 | 5,935,000 | 8,849,000 | 11,661,000 |
| Noninterest income | 628,000 | 1,187,000 | 1,837,000 | 2,579,000 |
| Noninterest expense | 3,182,000 | 6,388,000 | 9,520,000 | 13,889,000 |
| Provision for loan losses | 62,000 | 150,000 | 181,000 | 186,000 |
| Pretax income | 190,000 | 376,000 | 658,000 | -1,006,000 |
| Income tax | 30,000 | 59,000 | 123,000 | -529,000 |
| Net income | 160,000 | 317,000 | 535,000 | -477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,582,000 | 42,749,000 | 42,986,000 | 41,590,000 |
| Total capital | 44,144,000 | 44,383,000 | 44,590,000 | 43,168,000 |
| Risk-weighted assets | 267,221,000 | 264,579,000 | 256,049,000 | 252,217,000 |