Sterling National Bank Annual Report

We maintain the complete database with all recent information about Sterling National Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All Sterling National Bank data is relevant for April 2024.

4.3

Address

2 Blue Hill Plz Pearl River, NY 10965

FDIC Certificate ID

30337

Bank Charter Class

National Bank

Financial report Sterling National Bank

Quarterly

Annually

Change dates

December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992

Hide dates

All values USD, Dollar figures in thousands

Updated December 31, 2021

Item

2021

2020

2019

2018

2017

Trends

Assets and Liabilities

Total assets

29,558,731

29,739,853

30,566,521

31,331,572

30,341,593

Cash & Balances due from depository institutions

307,890

305,002

329,151

450,106

489,557

Cash items in process of collection

76,216

126,077

122,453

167,250

125,285

Collection in domestic offices

36,251

84,450

83,857

124,420

80,119

Currency and coin in domestic offices

39,965

41,627

38,596

42,830

45,166

Balances due from depository institutions in U.S.

16,365

12,638

34,615

88,460

46,152

Balances due from foreign banks

N/A

Balances due from FRB

215,309

166,287

172,083

194,396

318,120

Total securities *

4,434,604

4,039,456

5,075,309

6,667,180

6,474,561

U.S. Government securities

1,730,710

1,577,151

2,556,752

3,523,029

3,647,198

U.S. Treasury securities

198,290

N/A

U.S. Government agency obligations

1,532,420

1,577,151

2,556,752

3,523,029

3,647,198

Securities issued by states & political subdivisions

1,913,196

1,962,691

2,164,981

2,530,424

2,606,724

Other domestic debt securities

773,298

483,363

340,826

596,477

204,889

Privately issued residential mortgage-backed securities

N/A

Asset backed securities

N/A

Structured financial products - Total

N/A

Other domestic debt securities - All other

773,298

483,363

340,826

596,477

204,889

Foreign debt securities

17,750

12,750

17,250

15,750

Equity securities not held for trading

N/A

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

350

1,499

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

N/A

Net loans and leases

21,085,648

21,534,058

21,342,099

20,688,832

19,936,322

Loan and leases loss allowance**

278,232

326,100

106,238

95,677

77,907

Total loans and leases

21,363,880

21,860,158

21,448,337

20,784,509

20,014,229

Unearned income

N/A

Loans and leases, gross

21,363,880

21,860,158

21,448,337

20,784,509

20,014,229

All real estate loans

12,509,114

12,686,335

13,192,854

14,227,309

14,685,245

Real estate loans in domestic offices

12,509,114

12,686,335

13,192,854

14,227,309

14,685,245

Construction and development loans

704,670

642,906

467,331

267,754

282,792

Residential 1-4 family construction

30,493

31,553

32,252

20,342

38,213

Other construction, all land development and other land

674,177

611,353

435,079

247,412

244,579

Secured by nonfarm nonresidential properties

6,025,560

5,843,556

5,417,597

4,663,639

4,140,209

Nonfarm nonresidential secured by owner-occupied properties

862,913

780,235

731,652

712,240

821,909

Commercial real estate other non-farm non-residential

5,162,647

5,063,321

4,685,945

3,951,399

3,318,300

Multifamily residential real estate

4,287,764

4,406,660

4,876,995

4,764,256

4,860,051

1-4 family residential loans

1,490,945

1,792,849

2,429,729

4,529,921

5,398,626

Farmland loans

175

364

1,202

1,739

3,567

Loans held in foreign offices

N/A

Farm loans

N/A

Commercial and industrial loans

5,592,349

5,375,866

5,400,725

4,885,899

3,945,556

Loans to individuals

5,209

6,628

8,500

12,515

16,291

Credit card loans

N/A

Related Plans

4,099

4,956

6,108

8,285

9,212

Consumer Loans - Auto

N/A

Other loans to individuals

1,110

1,672

2,389

4,188

6,983

All other loans & leases*

3,257,208

3,791,329

2,846,258

1,658,786

1,367,137

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

1,990,232

1,572,819

1,213,118

860,746

637,767

Other loans

1,060,013

1,963,139

1,337,918

798,040

729,370

Lease financing receivables

206,963

255,371

295,222

N/A

Loans to depository institutions and acceptances of other banks

N/A

Trading account assets

69,520

149,797

67,318

18,215

4,457

Bank premises and fixed assets

197,216

202,555

227,070

264,194

321,722

Other real estate owned

197

5,347

12,189

19,377

27,095

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

197

5,347

12,189

19,377

27,095

Other real estate owned: 1-4 family residential

197

1,425

5,220

10,531

17,537

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

N/A

2,368

4,682

6,559

7,271

Other real estate owned:Construction & development

N/A

1,554

2,287

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

1,714,416

1,733,065

1,753,744

1,703,695

1,695,034

Goodwill

1,655,572

1,585,122

1,551,980

Mortgage servicing assets

884

4,428

8,308

9,528

10,363

All other assets

1,749,240

1,770,573

1,759,641

1,519,973

1,392,845

Liabilities and Capital

Total liabilities and capital

29,558,731

29,739,853

30,566,521

31,331,572

30,341,593

Total Liabilities

24,354,369

24,858,012

25,923,499

26,817,995

25,968,485

Total deposits

22,959,164

23,307,929

22,742,118

21,337,176

20,758,671

Deposits held in domestic offices

22,959,164

23,307,929

22,742,118

21,337,176

20,758,671

Individuals, partnerships, and corporations

21,027,365

21,658,932

20,753,929

19,585,506

19,169,237

U.S. Government

143

N/A

States and political subdivisions in the U.S.

1,931,739

1,648,945

1,988,046

1,751,670

1,589,434

Commercial banks and other depository institutions in U.S.

N/A

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

N/A

Deposits held in domestic offices

22,959,164

23,307,929

22,742,118

21,337,176

20,758,671

Transaction accounts

11,166,766

2,006,533

1,472,977

1,361,492

4,011,285

Nontransaction accounts

11,792,398

21,301,396

21,269,141

19,975,684

16,747,386

Money market deposit accounts (MMDAs)

7,874,326

16,642,805

15,110,126

15,043,927

11,552,789

Other savings deposits (excluding MMDAs)

2,688,288

2,663,256

2,711,080

2,455,411

2,758,641

Total time deposits

1,229,784

1,995,335

3,447,935

2,476,346

2,435,956

Federal funds purchased and repurchase agreements

178,008

304,101

22,678

21,338

30,161

Trading liabilities

26,004

60,004

24,314

13,001

7,980

N/A - idobrmtg

542,000

382,000

2,245,653

4,838,771

4,510,123

Subordinated debt

N/A

143,703

173,182

172,943

172,716

All other liabilities

649,193

660,275

715,554

434,766

488,834

Total equity capital

5,204,362

4,881,841

4,643,022

4,513,577

4,373,108

Bank equity capital

5,204,362

4,881,841

4,643,022

4,513,577

4,373,108

Perpetual preferred stock

N/A

Common stock

386

397

Surplus

4,286,549

4,111,549

4,036,549

4,036,538

Undivided profits

917,427

594,906

531,087

476,642

336,173

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

156,878

167,059

179,161

170,857

187,213

Income earned, not collected on loans

95,152

97,505

100,312

107,111

94,098

Earning assets

25,735,940

25,742,686

26,592,315

27,554,172

26,733,306

Long-term assets (5+ years)

8,555,941

8,087,475

9,255,558

10,258,187

11,840,873

Average total assets

29,625,015

30,373,381.4

30,412,540.4

30,938,315.2

18,251,142.4

Average assets, quarterly

29,748,366.5

30,139,514.5

30,292,987.5

31,269,056.5

23,545,340.5

Total risk weighted assets adjusted

23,788,360

23,907,372

23,385,735

21,553,934

19,865,162

Adjusted average assets for leverage capital purposes

27,969,548

28,222,834

28,514,256

29,324,110

27,436,220

Life insurance assets

644,007

629,575

613,848

653,994

651,637

General account life insurance assets

189,742

185,995

182,347

178,611

168,934

Separate account life insurance assets

428,636

418,366

406,737

450,745

458,407

Hybrid life insurance assets

25,629

25,214

24,764

24,638

24,296

Volatile liabilities

879,862

1,003,685

1,890,829

4,347,115

3,247,406

Insider loans

283

FHLB advances

542,000

382,000

2,245,653

4,838,771

4,510,123

Loans and leases held for sale

6,924

11,749

8,125

1,565,979

5,246

Unused loan commitments

2,297,268

2,265,710

2,098,094

2,154,342

1,705,791

Tier one (core) capital

3,567,157

3,198,145

2,882,208

2,915,484

2,770,381

Tier 2 Risk-based capital

154,888

323,313

280,074

269,274

251,277

Total unused commitments

2,297,268

2,265,710

2,098,094

2,154,342

1,705,791

Derivatives

5,553,092

5,791,303

5,374,886

2,594,535

1,280,764