Call reports 2018
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2018
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 464,953,000 | 464,314,000 | 464,416,000 | 459,356,000 |
| Total loans | 202,498,000 | 201,522,000 | 206,490,000 | 212,067,000 |
| Allowance for loan losses | 1,640,000 | 1,680,000 | 1,680,000 | 1,712,000 |
| Securities available for sale | 164,564,000 | 167,281,000 | 205,782,000 | 197,109,000 |
| Securities held to maturity | 43,874,000 | 40,904,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 371,167,000 | 364,913,000 | 363,204,000 | 362,141,000 |
| Interest-bearing deposits | 326,133,000 | 323,035,000 | 321,265,000 | 319,764,000 |
| Noninterest-bearing deposits | 45,034,000 | 41,878,000 | 41,939,000 | 42,377,000 |
| Equity capital | 42,166,000 | 42,246,000 | 41,639,000 | 40,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,647,000 | 7,418,000 | 11,266,000 | 15,205,000 |
| Interest expense | 626,000 | 1,303,000 | 2,099,000 | 2,997,000 |
| Net interest income | 3,021,000 | 6,115,000 | 9,167,000 | 12,208,000 |
| Noninterest income | 705,000 | 1,385,000 | 2,078,000 | 2,772,000 |
| Noninterest expense | 3,154,000 | 6,266,000 | 9,519,000 | 15,411,000 |
| Provision for loan losses | 1,000 | 36,000 | 56,000 | -72,000 |
| Pretax income | 519,000 | 1,294,000 | 1,883,000 | -116,000 |
| Income tax | 45,000 | 232,000 | 365,000 | 650,000 |
| Net income | 474,000 | 1,062,000 | 1,518,000 | -766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,377,000 | 42,033,000 | 42,685,000 | 38,307,000 |
| Total capital | 43,017,000 | 43,713,000 | 44,365,000 | 40,019,000 |
| Risk-weighted assets | 249,197,000 | 243,034,000 | 245,527,000 | 245,271,000 |