Sterling Bancorp (STL) Income Statement

Income Statement for Sterling Bancorp  (STL) 
$ 9.44   -0.33 (-3.38%) Volume: 61.59 k 4:00 PM EST Feb 10, 2012
After Hours:  $ 9.44 0.00 (0.00%) Volume: 820  4:34 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 70,104 71,788 80,445 92,247 86,907
Investment Securities 26,566 33,534 37,576 27,843 29,406
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased 43,016 62,048 175,334 135,254 52,803
Interest Bearing Deposits 75 85 42 117 103
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 520 598 50 1,354 299
Total Interest Income 97,190 105,920 118,071 121,444 116,611
Deposits 9,588 11,889 21,508 38,763 29,011
Short-Term Debt 72 476 1,852 1,751 3,846
Long-Term Debt 2,094 2,094 6,146 2,914 3,662
Federal Funds Sold/Purchased 43,016 62,048 175,334 135,254 52,803
Capitalized Lease Obligations - - - - -
Other Interest Expense 3,482 4,432 - - (2,508)
Total Interest Income 97,190 105,920 118,071 121,444 116,611
Total Interest Expense (15,583) (19,295) (33,388) (47,560) (42,021)
Net Interest Income 81,607 86,625 84,683 73,884 74,590
Loan Loss Provision (28,500) (27,900) (8,325) (5,853) (4,503)
Net Interest Income After Loan Loss Provision 53,107 58,725 76,358 68,031 70,087
Trust Fees by Commissions 329 450 571 551 591
Service Charge on Deposit Accounts 6,250 5,943 5,419 5,587 5,404
Other Service Charges 24,349 19,249 18,502 18,580 16,944
Security Transactions 3,928 5,561 (1,684) 188 (443)
Premiums Earned - - - - -
Net Realized Capital Gains (64) (32) (326) (331) (117)
Investment Banking Profit 8,164 9,476 - - -
Other Non-Interest Income 4,677 3,503 10,818 10,825 11,137
Non-Interest Income 47,633 44,150 33,300 35,401 33,516
Salaries and Employee Benefits 59,306 57,986 48,416 46,303 45,124
Net Occupancy Expense 12,296 11,278 11,365 10,354 9,899
Promotion and Advertising 3,381 3,167 3,914 3,897 3,855
Property/Liability Insurance Claims 3,809 4,153 - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 12,764 11,961 20,781 18,923 18,359
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Non-Interest Expense (91,556) (88,545) (84,476) (79,477) (77,238)
Special Income/Charges - - - - -
Net Income Before Taxes 9,184 14,330 25,182 23,954 26,366
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (2,158) (4,908) (9,176) (8,560) (5,367)
Net Income from Continuing Operations 7,026 9,422 16,006 15,394 20,999
Net Income from Discontinued Operations - - - (795) (10,239)
Net Income from Total Operations 7,026 9,422 16,006 14,599 10,760
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 7,026 9,422 16,006 14,599 10,760
Normalized Income 7,026 9,422 16,006 15,394 20,999
Net Income Available for Common 4,437 6,649 16,006 15,394 20,999
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.36 0.47 0.76 0.76 0.76
Preferred Dividends 2,589 2,773 - - -
Basic EPS from Continuing Operations 0.18 0.37 0.89 0.84 1.12
Basic EPS from Discontinued Operations 0.00 0.00 0.00 -0.05 -0.55
Basic EPS from Total Operations 0.18 0.37 0.89 0.79 0.57
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 70,104 71,788 80,445 92,247 86,907
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 0.18 0.37 0.89 0.79 0.57
Basic Normalized Net Income/Share 0.18 0.37 0.89 0.84 1.12
Diluted EPS from Continuing Operations 0.18 0.37 0.88 0.82 1.09
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 -0.04 -0.53
Diluted EPS from Total Operations 0.18 0.37 0.88 0.78 0.56
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 0.18 0.37 0.88 0.78 0.56
Diluted Normalized Net Income/Share 0.18 0.37 0.88 0.82 1.09
Revenues Year-to-Date 144,823 150,070 151,371 156,845 150,127
Income Year-to-Date from Total Operations 7,026 9,422 16,006 14,599 10,760
EPS Year-to-Date from Total Operations 0.18 0.37 0.88 0.78 0.56
Dividends Paid Per Share, Year-to-Date 0.36 0.47 0.76 0.76 0.76