Sterling Bancorp (STL) Income Statement

Click line-items for a historical chart and %

INTEREST INCOME
Loans	22.6M
Investment securities
Available for sale	1.58M
Held to maturity	1.05M
FRB and FHLB stock	116K
Deposits with other banks	43K
Total interest income	26.92M
INTEREST EXPENSE
Savings, NOW and money market	734K
Time	800K
Short-term borrowings
Advances - FHLB	390K
Long-term borrowings - subordinated debentures	524K
Total interest expense	2.5M
Net interest income	24.42M
Provision for loan losses	1.5M
Net interest income after provision for loan losses	22.92M
NONINTEREST INCOME
Accounts receivable management/factoring commissions and other fees	4.01M
Mortgage banking income	3.36M
Service charges on deposit accounts	1.2M
Securities gains	213K
Other income	1.06M
Total noninterest income	9.84M
NONINTEREST EXPENSE
Salaries and employee benefits
Occupancy and equipment expenses, net	3.39M
Deposit insurance	567K
Professional fees	2.87M
Other expenses	3.47M
Total noninterest expenses	25.81M
Income before income taxes	6.95M
Provision for income taxes	2.43M
Net Income	4.52M
Dividends on preferred shares and accretion
Accelerated accretion from redemption of preferred shares
Net income available to common shareholders
Average number of common shares outstanding
Basic	30.9M
Diluted	30.9M
Net income available to common shareholders, per average common share
Basic	0.15
Diluted	0.15
Dividends per common share	0.09

Entities mentioned with STL