Call reports 2016
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2016
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 444,699,000 | 440,305,000 | 446,794,000 | 450,281,000 |
| Total loans | 191,368,000 | 192,745,000 | 198,342,000 | 201,244,000 |
| Allowance for loan losses | 1,530,000 | 1,528,000 | 1,539,000 | 1,730,000 |
| Securities available for sale | 130,031,000 | 131,018,000 | 130,101,000 | 132,613,000 |
| Securities held to maturity | 74,051,000 | 69,233,000 | 64,414,000 | 59,347,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 381,832,000 | 378,467,000 | 379,862,000 | 380,853,000 |
| Interest-bearing deposits | 336,804,000 | 335,427,000 | 345,333,000 | 343,232,000 |
| Noninterest-bearing deposits | 45,028,000 | 43,040,000 | 34,529,000 | 37,621,000 |
| Equity capital | 44,644,000 | 44,538,000 | 45,242,000 | 41,552,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,411,000 | 6,714,000 | 10,212,000 | 13,596,000 |
| Interest expense | 524,000 | 1,058,000 | 1,606,000 | 2,166,000 |
| Net interest income | 2,887,000 | 5,656,000 | 8,606,000 | 11,430,000 |
| Noninterest income | 613,000 | 1,050,000 | 1,787,000 | 2,472,000 |
| Noninterest expense | 3,247,000 | 6,386,000 | 9,545,000 | 14,283,000 |
| Provision for loan losses | -3,000 | 0 | 71,000 | 259,000 |
| Pretax income | -1,000 | -13,000 | 29,000 | -1,531,000 |
| Income tax | -8,000 | -20,000 | -11,000 | -625,000 |
| Net income | 7,000 | 7,000 | 40,000 | -906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,556,000 | 41,516,000 | 41,594,000 | 40,542,000 |
| Total capital | 43,086,000 | 43,044,000 | 43,133,000 | 42,272,000 |
| Risk-weighted assets | 255,133,000 | 254,093,000 | 254,772,000 | 258,039,000 |