Institution Statistics
| Sterling Bank | | FDIC Certificate # | 6195 | | BankRate Report | View | | Year Established | 1885 | | Employees | 53 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $196.41 million | | Loans | $118.88 million | | Deposits | $175.10 million | | Equity Capital | $16.87 million | | Loan Loss Allowance | $1.66 million | | Unbacked Noncurrent Loans | $47,000 | | Real Estate Owned | $201,000 |
Historic Data - March 2011 | | Assets | $184.34 million | | Equity Capital | $15.60 million | | Loan Loss Allowance | $1.66 million | | Unbacked Noncurrent Loans | $40,000 | | Real Estate Owned | $256,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.87% | | Return on Assets | 1.83% | | Return on Equity | 21.6% | | Interest Income | $2.18 million |
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Institution Health
Overall Score:
5 out of 5
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Sterling Bank had $248,000 in non-current loans and owned real-estate with $18.52 million in equity and loan loss allowances on hand to cover it. This gives Sterling Bank a Texas Ratio of 1.34% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Sterling Bank decreased slightly from 1.72% as of March 31, 2011 to 1.34% as of March 31, 2012, resulting in a positive change of 21.94%.This indicates that the balance sheet and financial strength for Sterling Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Sterling Bank has increased its total deposits by $11.81 million, resulting in 7.23% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sterling Bank has shown is excellent. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sterling Bank has $196.41 million in assets with $18.52 million in equity, resulting in a capitalization level of 9.43%, which is average. |
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