Call reports 2019
STERLING FEDERAL BANK, FEDERAL SAVINGS BANK — 2019
What STERLING FEDERAL BANK, FEDERAL SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 457,248,000 | 453,701,000 | 454,001,000 | 452,077,000 |
| Total loans | 216,777,000 | 226,557,000 | 231,058,000 | 233,849,000 |
| Allowance for loan losses | 2,153,000 | 2,271,000 | 2,001,000 | 2,014,000 |
| Securities available for sale | 189,548,000 | 180,649,000 | 169,660,000 | 168,826,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,917,000 | 368,105,000 | 364,099,000 | 362,777,000 |
| Interest-bearing deposits | 327,762,000 | 323,671,000 | 319,018,000 | 315,526,000 |
| Noninterest-bearing deposits | 47,155,000 | 44,434,000 | 45,081,000 | 47,251,000 |
| Equity capital | 40,584,000 | 41,829,000 | 41,418,000 | 40,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,913,000 | 7,934,000 | 12,032,000 | 16,011,000 |
| Interest expense | 919,000 | 1,844,000 | 2,832,000 | 3,816,000 |
| Net interest income | 2,994,000 | 6,090,000 | 9,200,000 | 12,195,000 |
| Noninterest income | 578,000 | 1,290,000 | 2,020,000 | 2,799,000 |
| Noninterest expense | 3,599,000 | 6,898,000 | 10,791,000 | 14,860,000 |
| Provision for loan losses | 446,000 | 647,000 | 712,000 | 722,000 |
| Pretax income | -535,000 | -238,000 | -334,000 | -679,000 |
| Income tax | -179,000 | -128,000 | -190,000 | -324,000 |
| Net income | -356,000 | -110,000 | -144,000 | -355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,027,000 | 38,356,000 | 38,204,000 | 37,797,000 |
| Total capital | 40,180,000 | 40,627,000 | 40,205,000 | 39,811,000 |
| Risk-weighted assets | 248,632,000 | 253,716,000 | 246,713,000 | 246,107,000 |