Vitals
  • Total Assets
    355.0M -6.4 %
  • Total Deposits
    329.5M 4.4 %
  • Total Net Loans
    214.1M -20.6 %
  • Net Income
    -17105000.0000
  • Book Value
    -4925000.0000 -119.5 %
  • Book Value x2
    -9850000.0000 -119.5 %
  • Book Value x3
    -14775000.0000 -119.5 %
ROAA

-8.68

ROAE

-1103.074

Efficiency Ratio

143.132

Net Interest Margin

1.783

Balance Sheet Highlights
Financial Highlights Sterling Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 354,966 296,385
Total Net Loans 214,117 187,155
Total Deposits 329,541 246,406
Total Equity -4,925 26,829
Profitability
Net Income -17,105 -1,238
Return on Average Assets -8.68 -1.042
Return on Average Equity -1103.074 -14.523
Net Interest Margin 1.783 3.343
Efficiency Ratio 143.132 96.875
Noninterest Income/Revenue 8.696 8.259
Balance Sheet Ratios
Loan-to-Deposit 64.974 77.342
Securities/Assets .167 .162
Total Equity/Total Assets -.014 .091
Tangible Equity/Tangible Assets -.014 .09
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital -3,199 23,956
Tier 2 Capital — 2,688
Total Capital -3,199 26,740
Total Risk Weighted Assets 238,247 201,577
Leverage Ratio -.83 8.856
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio -1.34 12.92
Total Capital Ratio -1.34 14.255

Timeline for Sterling Bank

Sterling Bank was acquired by 13 years

Jul 24 2010

Iberiabank

Sterling Bank was acquired by Iberiabank 13 years

View Profile Jul 24 2010

Sterling Bancgroup, Inc.

Sterling Bancgroup, Inc. became a new parent organization for Sterling Bank.

View Profile Jan 06 2004

Sterling Bank

Sterling Bank was established 37 years ago and is currently headquartered in Lantana, FL.

May 01 1987
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Iberiabank Buyer 20,717,821 Failure 7/24/2010
Relationships Role Relationship Start Relationship End
Sterling Bancgroup, Inc. Parent 1/6/2004 7/23/2010
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