Financial Highlights and Growth Trends
Statement of Financial Position
Items
June 2013
December 2012
Growth
% of Total
% of
ASSETS
N'mn
Assets
N'mn
Total Assets
Cash and balances with CBN
61,311
9%
63,622
11%
-4%
Due from banks
59,318
9%
33,879
6%
75%
Pledged assets
72,779
11%
57,412
10%
27%
Loans and advances to Customers
272,750
39%
229,421
40%
19%
-
Held for Trading
6,359
1%
1,999
0%
218%
- Available for Sale
9,188
1%
16,858
3%
-45%
Held to Maturity
183,263
27%
155,936
27%
18%
Investment in securities
198,810
29%
174,792
30%
14%
Other assets
17,413
3%
13,307
2%
31%
Property, plant and equipment
8,457
1%
7,793
1%
9%
TOTAL ASSETS
690,838
100%
580,226
100%
19%
LIABILITIES
Deposits from Banks
12,643
2%
3,119
1%
305%
Deposits from Customers
552,288
80%
463,726
80%
19%
Other borrowed funds
36,739
5%
30,356
5%
21%
Debt securities in issue
4,562
1%
4,564
1%
0%
Other liabilities
35,608
5%
31,819
5%
12%
Shareholders' Funds
48,997
7%
46,642
8%
5%
TOTAL LIABILITIES AND EQUITY
690,838
100%
580,226
100%
19%
Sterling Bank
The one-customer bank.View entire presentation