# STERLING NATIONAL BANK
PEARL RIVER, NY · FDIC certificate 30337 · asset band $10-100B · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $29.56B | |
| Deposits | $22.96B | |
| Loans and leases | $21.36B | |
| Total equity | $5.20B | |
| Loans / deposits | 91.84% (p84 of band) | 71.65% |
| Liquid assets / assets | 16.04% (p12 of band) | |
| Uninsured deposits / deposits | 47.02% (p60 of band) | 44.19% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.44% (p40 of band) | |
| FHLB advances / assets | 1.83% | |
| Tier 1 leverage | 12.75% (p94 of band) | 8.99% |
| Unrealized securities loss / equity | 3.09% (p94 of band) | -0.46% |
| AOCI / equity | -0.84% (p67 of band) | |
| ROA (annualized) | 1.51% (p77 of band) | 1.28% |
| Net interest margin | 3.45% (p84 of band) | 2.93% |
| Efficiency ratio | 43.80% (p26 of band) | |
| Noncurrent loans | 0.73% (p78 of band) | 0.47% |
| Net charge-offs (annualized) | 0.15% (p88 of band) | |
| Reserve coverage of noncurrent | 177.36% | |
| Real estate % of loans | 59% | |
| Construction % of loans | 13.54% (p28 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $1.05B (20% of equity) (p77 of band) | |
| Deposits YoY | -1.5% | |
| Employees | 1439 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | wholesale funding >15% |  |
| 2011-09 | 2 | capital falling | wholesale funding >15% |
| 2011-12 | 2 | wholesale funding >15% | capital falling |
| 2012-03 | 2 | uninsured deposits leaving | wholesale funding >15% |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | wholesale funding >15% |  |
| 2013-09 | 0 |  | reserve under noncurrent, wholesale funding >15% |
| 2013-12 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2014-03 | 2 | uninsured deposits >50% | expense ratio p90 |
| 2014-06 | 3 | wholesale funding >15%, capital falling | uninsured deposits >50% |
| 2014-09 | 3 | uninsured deposits >50% | wholesale funding >15% |
| 2014-12 | 2 | wholesale funding >15% | capital falling, uninsured deposits >50% |
| 2015-03 | 2 | uninsured deposits leaving | wholesale funding >15% |
| 2015-06 | 2 | expense ratio p90 | uninsured deposits leaving |
| 2015-09 | 2 | uninsured deposits >50% | expense ratio p90 |
| 2015-12 | 4 | wholesale funding >15%, capital falling |  |
| 2016-03 | 3 |  | wholesale funding >15% |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 | wholesale funding >15% | capital falling |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | capital falling |  |
| 2017-09 | 3 |  | reserve under noncurrent |
| 2017-12 | 2 | reserve under noncurrent | uninsured deposits >50%, capital falling |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | capital falling |  |
| 2018-09 | 2 |  | capital falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 | capital falling | wholesale funding >15% |
| 2019-06 | 2 | wholesale funding >15% | capital falling |
| 2019-09 | 1 |  | wholesale funding >15% |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | reserve under noncurrent |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | charge-offs p90 |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | charge-offs p90 |
| 2021-06 | 1 | assets shrinking |  |
| 2021-09 | 0 |  | assets shrinking |
| 2021-12 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-04-19 [Webster Bank announces $10 billion merger plan, to open Stamford HQ - Stamford Advocate](https://news.google.com/rss/articles/CBMirAFBVV95cUxQTEJpRUI1bi1pNEJxSmZJbU9RTVNuMFprd2w4Z3BnY193UXFBYlQwLUNTeTFOZGt3SEVJbVZwdnVsOFRSWFVQWV9zZ1NaVGNybWJrTXpKMl9hRjlrbTVDQlJsazhJeHowc2FkLThNTkdlNXAzUzBxVE9NWGpBT1YyTGo2bWNscFdZYUpXUm5HbHhKYTd1SFRIbHNGaVFnMmdJUkN2ZnVZRUxHUk5q?oc=5) · Stamford Advocate
- 2022-02-03 [Webster Bank Signs Replace Sterling National’s Across Long Island - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxPNTlzT3ozT2QzMlYwNE9zVGxJVWtuaFZhVGo3MWV6aW5BeGstc0w5S25VU1RTUHpadW1XcDNLbUkxYXl0R044ZG1EZm1yNHJqOUZtTWozYVJDbmUwZGxkN3NkcG5JV2RzUEhzVC1xdGkxTHZUSnUzTlJSNW82eXlpOXZpYXJaVVhJV0FfX2dicDQ3QXl1RzNrSEsxRUU0U0NSS1JoNElB?oc=5) · Patch
- 2021-04-20 [Webster Bank to merge with NY lender in $10.3B deal - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxNdllDYUdTby1MaTBia3FDLWpFeHJjQmozVzBldVVid3ZFcTl2VVdPaFUwRXpWbE5SSnNJREZfeHlxdHBlZzdjdFRCd1lCZ3l6bWRSdV9xeW9tU3VWa0RVWkNUY19OWlRZOU9yeTREeGc5cWpyTzYwMHN1UmFRWDFXcWRXckRodzdnX3lreVh3bWNjOTBjcjk5a2plZ2hZWmppejh0enI3MUZiNkQ1MGtB?oc=5) · The Business Journals
- 2021-04-06 [Rho Technologies Brings its BaaS Solution to Sterling National Bank - Finovate](https://news.google.com/rss/articles/CBMikwFBVV95cUxQRTR4eG1HRHc5dmtzaDdkR0t4Uy0xalRtQmo4RTF4NFR1TXpwUHI2Z3I0dDZpVDRPRXdWVnkxNkRBajdvd3h4dnNEdWpIMC1aX2Juclcyam95U0tSS2s5azJZQzJkQkVWa182YmE2MUpfblhaTkgxYXBMUWZHSzNHVWY1RjhHenNicFJ6RWpsa1hmRVk?oc=5) · Finovate
- 2021-04-19 [Webster Bank to keep its name, relocate HQ to Stamford in $10.3B merger with N.Y. lender - hartfordbusiness.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxNOS05REx5MXRXOXVvUlZXUm1helI5RVlHSEVvNG5tMGN0Tnh0bnRwRUlXLVZJa29wa2ZNRzl0eGdlbEZMZEwwempvdzlZczN4V0xoRWpnM0xJcjJOZDZ2SmkwWU4wdzdUOXpHTktlVUNFcXMteHBfRWpZc1pSdER0MTRDZEZiZm9IUk9WQksyQUlad2lDSWFQb1FVR1FHbmlUR3hYUV9RRU9KNjFiSmlNeVlsTVd3dkhnN1BKX3Zn?oc=5) · hartfordbusiness.com
- 2021-08-04 [Maiuri Joins Sterling National Bank as Director of Commercial Services – Portfolio Management - ABF Journal](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQN3ZyN1NnTFZEWkNfUEtrVXdXamthWWk5X05fWGptb2ZDZVBCT2tfd0FTNlVTS2RpeDhtOGdXNS1MbGhIR0g2eXBBTDZQSkV2M2hyZVA2VkFUQlhiVDNCX05faHR2SVpnVEhLV2Z5eHQzU2NpVC03MkVmQm9nZFNKWkF2ZHFObUVaVGQ3WkZjZkNNRHhnM3pZNVl5Zkg5LTNaaXJMNjFHek1weWZDaXZJSGxyWjhaWUdteFRR?oc=5) · ABF Journal
- 2022-02-02 [Connecticut’s Webster Bank completes $10 billion merger - ctinsider.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxPWUREckhUUTJ1TlFzMG9DeXVTbVNTN2NNYjFNM1kwLVJHTnZhQ3E2bmZaTXlLV1pfbTExN3IyMnlNdFVuTGV3b2VXamloWlU2cl9HWHNjcGRja2wyY09LZWZ1VXJPVE1tcEtHZWlBdHZTZ0UteDhrSElpZUxaZzhnTGFjZGVlaGxQbFNnU2xLdDl6WE5Ka1FvS0ZvRlBFTXBOejJhbUF3?oc=5) · ctinsider.com
- 2014-11-05 [Sterling National Bank to merge with Hudson Valley Bank - Lohud](https://news.google.com/rss/articles/CBMikwFBVV95cUxQWXVPeDlGQ1oya1VJWDdiYWhfaS0ySE5scWFCQnJQaDg2WnpERGdyQndtemY5TnY0T3pzdmRZdFZuVVJFcXlBbng5X19HUlN6ajNzZDFIQ0ItMTJWVzB4bUhoZGEtQ2EzYVRZLWtvZlg1NXRPOVVTa0M5cWdlRjlGVEpDelNpQUZFY1YxN1NyYVlJWUE?oc=5) · Lohud

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30337 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/1.json (key "30337", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide