Call reports 2017
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2017
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 451,238,000 | 449,305,000 | 453,304,000 | 464,341,000 |
| Total loans | 201,609,000 | 207,332,000 | 207,541,000 | 204,161,000 |
| Allowance for loan losses | 1,736,000 | 1,765,000 | 1,581,000 | 1,578,000 |
| Securities available for sale | 143,745,000 | 131,600,000 | 143,375,000 | 162,167,000 |
| Securities held to maturity | 55,748,000 | 51,680,000 | 48,941,000 | 46,334,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 387,037,000 | 378,877,000 | 370,175,000 | 365,010,000 |
| Interest-bearing deposits | 344,552,000 | 338,488,000 | 331,046,000 | 326,393,000 |
| Noninterest-bearing deposits | 42,485,000 | 40,389,000 | 39,129,000 | 38,617,000 |
| Equity capital | 42,146,000 | 42,399,000 | 42,816,000 | 42,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,494,000 | 7,019,000 | 10,556,000 | 14,174,000 |
| Interest expense | 532,000 | 1,049,000 | 1,589,000 | 2,178,000 |
| Net interest income | 2,962,000 | 5,970,000 | 8,967,000 | 11,996,000 |
| Noninterest income | 648,000 | 1,328,000 | 2,076,000 | 2,862,000 |
| Noninterest expense | 3,284,000 | 6,327,000 | 9,382,000 | 13,853,000 |
| Provision for loan losses | 7,000 | 56,000 | 123,000 | 140,000 |
| Pretax income | -44,000 | 425,000 | 959,000 | 251,000 |
| Income tax | -28,000 | 143,000 | 347,000 | 1,065,000 |
| Net income | -16,000 | 282,000 | 612,000 | -814,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,518,000 | 41,047,000 | 41,522,000 | 40,894,000 |
| Total capital | 42,254,000 | 42,812,000 | 43,103,000 | 42,472,000 |
| Risk-weighted assets | 251,611,000 | 253,405,000 | 249,862,000 | 249,468,000 |