STERLING NATIONAL BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2021 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $19,597,542 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $19,597,542 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $8,461,440 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $12,714,276 |
| Total income from all sources (including contributions) | 2021-12-31 | $84,012,577 |
| Total loss/gain on sale of assets | 2021-12-31 | $1,832,094 |
| Total of all expenses incurred | 2021-12-31 | $22,912,237 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $22,718,940 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $-499 |
| Value of total corrective distributions | 2021-12-31 | $4,550 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $22,460,321 |
| Value of total assets at end of year | 2021-12-31 | $423,615,325 |
| Value of total assets at beginning of year | 2021-12-31 | $366,767,821 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $189,246 |
| Total interest from all sources | 2021-12-31 | $183,035 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,387,543 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $642,337 |
| Administrative expenses professional fees incurred | 2021-12-31 | $3,000 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $30,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $13,445,955 |
| Participant contributions at end of year | 2021-12-31 | $3,324,144 |
| Participant contributions at beginning of year | 2021-12-31 | $3,769,717 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $2,297,704 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $836 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $59,546 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $8,416,440 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $12,714,276 |
| Other income not declared elsewhere | 2021-12-31 | $66,964 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $45,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $61,100,340 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $415,153,885 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $354,053,545 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $102,161,071 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $87,392,743 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $21,440,707 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $23,539,744 |
| Interest on participant loans | 2021-12-31 | $156,922 |
| Interest earned on other investments | 2021-12-31 | $26,113 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $182,540,916 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $153,239,077 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $47,756,538 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $47,359,545 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $14,937,354 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,223,843 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $22,323,881 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $66,391,113 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $51,161,372 |
| Contributions received in cash from employer | 2021-12-31 | $6,716,662 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $246,077 |
| Income. Dividends from common stock | 2021-12-31 | $745,206 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $22,718,940 |
| Contract administrator fees | 2021-12-31 | $186,246 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $8,373,449 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $6,541,355 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | BUCHBINDER TUNICK & CO LLP |
| Accountancy firm EIN | 2021-12-31 | 131578842 |
| 2020 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-6,825,579 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-6,825,579 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $12,714,276 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Expenses. Interest paid | 2020-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $50,038,496 |
| Total loss/gain on sale of assets | 2020-12-31 | $-3,657,538 |
| Total of all expenses incurred | 2020-12-31 | $29,510,950 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $29,355,691 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $499 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $22,452,918 |
| Value of total assets at end of year | 2020-12-31 | $366,767,821 |
| Value of total assets at beginning of year | 2020-12-31 | $333,525,999 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $154,760 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $1,085,926 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,546,386 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $712,068 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $25,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $13,252,673 |
| Participant contributions at end of year | 2020-12-31 | $3,769,717 |
| Participant contributions at beginning of year | 2020-12-31 | $4,188,041 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $2,151,635 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $114 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $59,546 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $807 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $12,714,276 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $569,580 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Income. Non cash contributions | 2020-12-31 | $0 |
| Value of net income/loss | 2020-12-31 | $20,527,546 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $354,053,545 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $333,525,999 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $87,392,743 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $182,404,066 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $23,539,744 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $147,220 |
| Interest on participant loans | 2020-12-31 | $208,703 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $877,223 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $153,239,077 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $34,798,233 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $47,359,545 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $46,077,968 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $13,813,556 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,556,298 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $19,496,949 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $51,161,372 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $65,909,664 |
| Contributions received in cash from employer | 2020-12-31 | $7,048,610 |
| Employer contributions (assets) at end of year | 2020-12-31 | $246,077 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $834,318 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $29,355,577 |
| Contract administrator fees | 2020-12-31 | $154,760 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $7,472,333 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $11,129,871 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | BUCHBINDER TUNICK CO LLP |
| Accountancy firm EIN | 2020-12-31 | 131578842 |
| 2019 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $11,997,584 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $11,997,584 |
| Total transfer of assets to this plan | 2019-12-31 | $183,098,260 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $3,892,217 |
| Expenses. Interest paid | 2019-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $81,648,114 |
| Total loss/gain on sale of assets | 2019-12-31 | $2,692,821 |
| Total of all expenses incurred | 2019-12-31 | $50,639,849 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $50,338,061 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $33,114 |
| Value of total corrective distributions | 2019-12-31 | $4,964 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $21,040,651 |
| Value of total assets at end of year | 2019-12-31 | $333,525,999 |
| Value of total assets at beginning of year | 2019-12-31 | $123,311,691 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $263,710 |
| Total income from rents | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $1,301,486 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $3,643,365 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $2,681,548 |
| Administrative expenses professional fees incurred | 2019-12-31 | $53,569 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $25,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $13,007,577 |
| Participant contributions at end of year | 2019-12-31 | $4,188,041 |
| Participant contributions at beginning of year | 2019-12-31 | $1,523,515 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $4,973,403 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $498 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $807 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $105 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $3,892,217 |
| Other income not declared elsewhere | 2019-12-31 | $4,145,797 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Income. Non cash contributions | 2019-12-31 | $0 |
| Value of net income/loss | 2019-12-31 | $31,008,265 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $333,525,999 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $119,419,474 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $182,404,066 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $68,444,483 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $147,220 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $3,848,366 |
| Interest on participant loans | 2019-12-31 | $229,393 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $1,072,093 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $34,798,233 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $20,975,734 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $46,077,968 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $17,734,249 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $29,142,857 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $37,380 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $7,646,173 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $65,909,664 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $10,785,239 |
| Contributions received in cash from employer | 2019-12-31 | $3,059,671 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $961,817 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $50,337,563 |
| Contract administrator fees | 2019-12-31 | $210,141 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $14,553,888 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $11,861,067 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | BUCHBINDER TUNICK & CO. LLP |
| Accountancy firm EIN | 2019-12-31 | 131578842 |
| 2018 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-5,096,227 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-5,096,227 |
| Total transfer of assets to this plan | 2018-12-31 | $3,218,477 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $3,892,217 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $6,780,336 |
| Expenses. Interest paid | 2018-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $3,465,018 |
| Total loss/gain on sale of assets | 2018-12-31 | $-319,921 |
| Total of all expenses incurred | 2018-12-31 | $15,757,384 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $15,682,363 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $25,213 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $14,714,057 |
| Value of total assets at end of year | 2018-12-31 | $123,311,691 |
| Value of total assets at beginning of year | 2018-12-31 | $135,273,699 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $49,808 |
| Total income from rents | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $80,718 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,716,007 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $1,524,134 |
| Administrative expenses professional fees incurred | 2018-12-31 | $2,847 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $25,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
| Contributions received from participants | 2018-12-31 | $7,976,065 |
| Participant contributions at end of year | 2018-12-31 | $1,523,515 |
| Participant contributions at beginning of year | 2018-12-31 | $1,618,283 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $2,324,115 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $3,654 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $105 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $69 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $3,892,217 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $6,780,336 |
| Other income not declared elsewhere | 2018-12-31 | $109,619 |
| Administrative expenses (other) incurred | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
| Total non interest bearing cash at end of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Income. Non cash contributions | 2018-12-31 | $0 |
| Value of net income/loss | 2018-12-31 | $-12,292,366 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $119,419,474 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $128,493,363 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
| Investment advisory and management fees | 2018-12-31 | $19,648 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $68,444,483 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $70,069,029 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $3,848,366 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $6,753,336 |
| Interest on participant loans | 2018-12-31 | $80,718 |
| Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $0 |
| Income. Interest from US Government securities | 2018-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $20,975,734 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $20,785,093 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $17,734,249 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $17,086,375 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-6,440,166 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $86,385 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-1,385,454 |
| Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $10,785,239 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $18,961,514 |
| Contributions received in cash from employer | 2018-12-31 | $4,413,877 |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Income. Dividends from preferred stock | 2018-12-31 | $0 |
| Income. Dividends from common stock | 2018-12-31 | $191,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $15,678,709 |
| Contract administrator fees | 2018-12-31 | $27,313 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $5,002,805 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $5,322,726 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | BUCHBINDER TUNICK & CO. LLP |
| Accountancy firm EIN | 2018-12-31 | 131578842 |
| 2017 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,067,271 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,067,271 |
| Total transfer of assets to this plan | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $6,780,336 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $9,674,452 |
| Expenses. Interest paid | 2017-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $26,982,491 |
| Total loss/gain on sale of assets | 2017-12-31 | $10,607 |
| Total of all expenses incurred | 2017-12-31 | $12,013,402 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $11,874,748 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $-355 |
| Value of total corrective distributions | 2017-12-31 | $31,194 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $12,712,904 |
| Value of total assets at end of year | 2017-12-31 | $135,273,699 |
| Value of total assets at beginning of year | 2017-12-31 | $123,198,726 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $107,815 |
| Total income from rents | 2017-12-31 | $0 |
| Total interest from all sources | 2017-12-31 | $76,459 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,352,501 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,127,797 |
| Administrative expenses professional fees incurred | 2017-12-31 | $51,884 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $25,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
| Contributions received from participants | 2017-12-31 | $6,991,629 |
| Participant contributions at end of year | 2017-12-31 | $1,618,283 |
| Participant contributions at beginning of year | 2017-12-31 | $1,514,760 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $2,765,435 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $29 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $69 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $6,780,336 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $9,674,452 |
| Other income not declared elsewhere | 2017-12-31 | $196,088 |
| Administrative expenses (other) incurred | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Total non interest bearing cash at end of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Income. Non cash contributions | 2017-12-31 | $0 |
| Value of net income/loss | 2017-12-31 | $14,969,089 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $128,493,363 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $113,524,274 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
| Investment advisory and management fees | 2017-12-31 | $36,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $70,069,029 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $59,873,953 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $6,753,336 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $24,929,866 |
| Interest on participant loans | 2017-12-31 | $76,459 |
| Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
| Interest earned on other investments | 2017-12-31 | $0 |
| Income. Interest from US Government securities | 2017-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $20,785,093 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $17,086,375 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $17,971,011 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $8,538,036 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $2,331,962 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $696,663 |
| Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $18,961,514 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $18,909,136 |
| Contributions received in cash from employer | 2017-12-31 | $2,955,840 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Income. Dividends from preferred stock | 2017-12-31 | $0 |
| Income. Dividends from common stock | 2017-12-31 | $224,704 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $11,874,719 |
| Contract administrator fees | 2017-12-31 | $19,931 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $2,606,913 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $2,596,306 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | BUCHBINDER TUNICK & CO. LLP |
| Accountancy firm EIN | 2017-12-31 | 131578842 |
| 2016 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $5,577,333 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $5,577,333 |
| Total transfer of assets to this plan | 2016-12-31 | $21,139,592 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $9,674,452 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $23,000 |
| Expenses. Interest paid | 2016-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $22,863,713 |
| Total loss/gain on sale of assets | 2016-12-31 | $385,271 |
| Total of all expenses incurred | 2016-12-31 | $14,679,215 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $14,586,486 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of total corrective distributions | 2016-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $11,324,392 |
| Value of total assets at end of year | 2016-12-31 | $123,198,726 |
| Value of total assets at beginning of year | 2016-12-31 | $84,223,184 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $92,729 |
| Total income from rents | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $265,944 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,048,107 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $811,340 |
| Administrative expenses professional fees incurred | 2016-12-31 | $51,622 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
| Contributions received from participants | 2016-12-31 | $6,401,283 |
| Participant contributions at end of year | 2016-12-31 | $1,514,760 |
| Participant contributions at beginning of year | 2016-12-31 | $1,315,857 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $160,570 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $2,048,265 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $351 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $9,674,452 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $23,000 |
| Other income not declared elsewhere | 2016-12-31 | $-195,682 |
| Administrative expenses (other) incurred | 2016-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
| Total non interest bearing cash at end of year | 2016-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Income. Non cash contributions | 2016-12-31 | $0 |
| Value of net income/loss | 2016-12-31 | $8,184,498 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $113,524,274 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $84,200,184 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
| Investment advisory and management fees | 2016-12-31 | $12,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $59,873,953 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $46,836,661 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $24,929,866 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $11,040,793 |
| Interest on participant loans | 2016-12-31 | $59,870 |
| Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
| Interest earned on other investments | 2016-12-31 | $206,074 |
| Income. Interest from US Government securities | 2016-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $17,971,011 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $11,136,390 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $2,588,241 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $1,870,107 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $18,909,136 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $13,676,874 |
| Contributions received in cash from employer | 2016-12-31 | $2,874,844 |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $56,039 |
| Income. Dividends from preferred stock | 2016-12-31 | $0 |
| Income. Dividends from common stock | 2016-12-31 | $236,767 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $14,586,135 |
| Contract administrator fees | 2016-12-31 | $29,107 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $3,415,632 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $3,030,361 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
| Accountancy firm EIN | 2016-12-31 | 131578842 |
| 2015 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $1,767,957 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $1,767,957 |
| Total transfer of assets to this plan | 2015-12-31 | $36,059,746 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $23,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $21,000 |
| Expenses. Interest paid | 2015-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $19,048,287 |
| Total loss/gain on sale of assets | 2015-12-31 | $-70,157 |
| Total of all expenses incurred | 2015-12-31 | $14,006,582 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $13,810,646 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $100,191 |
| Value of total corrective distributions | 2015-12-31 | $10,425 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $17,495,845 |
| Value of total assets at end of year | 2015-12-31 | $84,223,184 |
| Value of total assets at beginning of year | 2015-12-31 | $43,119,733 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $85,320 |
| Total income from rents | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $232,413 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $991,599 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $750,049 |
| Administrative expenses professional fees incurred | 2015-12-31 | $23,000 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $0 |
| Contributions received from participants | 2015-12-31 | $5,561,384 |
| Participant contributions at end of year | 2015-12-31 | $1,315,857 |
| Participant contributions at beginning of year | 2015-12-31 | $705,774 |
| Participant contributions at end of year | 2015-12-31 | $160,570 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $10,215,594 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $119 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $23,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $21,000 |
| Other income not declared elsewhere | 2015-12-31 | $0 |
| Administrative expenses (other) incurred | 2015-12-31 | $9,772 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
| Total non interest bearing cash at end of year | 2015-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Income. Non cash contributions | 2015-12-31 | $0 |
| Value of net income/loss | 2015-12-31 | $5,041,705 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $84,200,184 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $43,098,733 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2015-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2015-12-31 | $0 |
| Investment advisory and management fees | 2015-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $46,836,661 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $23,259,532 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $11,040,793 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $5,957,141 |
| Interest on participant loans | 2015-12-31 | $57,196 |
| Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
| Interest earned on other investments | 2015-12-31 | $175,217 |
| Income. Interest from US Government securities | 2015-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $11,136,390 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $4,783,563 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,405,629 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $36,259 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $13,676,874 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $8,419,825 |
| Contributions received in cash from employer | 2015-12-31 | $1,718,867 |
| Employer contributions (assets) at end of year | 2015-12-31 | $56,039 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $-6,102 |
| Income. Dividends from preferred stock | 2015-12-31 | $0 |
| Income. Dividends from common stock | 2015-12-31 | $241,550 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $13,810,527 |
| Contract administrator fees | 2015-12-31 | $52,548 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | Yes |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $3,554,536 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $3,624,693 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | BUCHBINDER TUNICK & COMPANY LLC |
| Accountancy firm EIN | 2015-12-31 | 131578842 |
| 2014 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $646,983 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $646,983 |
| Total transfer of assets to this plan | 2014-12-31 | $24,504 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $21,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $20,100 |
| Expenses. Interest paid | 2014-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $7,135,171 |
| Total loss/gain on sale of assets | 2014-12-31 | $-94,503 |
| Total of all expenses incurred | 2014-12-31 | $7,108,369 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $7,066,578 |
| Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
| Value of total corrective distributions | 2014-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $3,972,402 |
| Value of total assets at end of year | 2014-12-31 | $43,119,733 |
| Value of total assets at beginning of year | 2014-12-31 | $43,067,527 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $41,791 |
| Total income from rents | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $132,642 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $576,878 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $399,923 |
| Administrative expenses professional fees incurred | 2014-12-31 | $16,143 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2014-12-31 | $0 |
| Contributions received from participants | 2014-12-31 | $2,772,776 |
| Participant contributions at end of year | 2014-12-31 | $705,774 |
| Participant contributions at beginning of year | 2014-12-31 | $623,368 |
| Participant contributions at end of year | 2014-12-31 | $0 |
| Participant contributions at beginning of year | 2014-12-31 | $37,877 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $264,507 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $7,011 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $21,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $20,100 |
| Other income not declared elsewhere | 2014-12-31 | $32 |
| Administrative expenses (other) incurred | 2014-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Income. Non cash contributions | 2014-12-31 | $0 |
| Value of net income/loss | 2014-12-31 | $26,802 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $43,098,733 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $43,047,427 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2014-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2014-12-31 | $0 |
| Investment advisory and management fees | 2014-12-31 | $11,250 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $23,259,532 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $22,248,753 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $5,957,141 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $5,770,986 |
| Interest on participant loans | 2014-12-31 | $26,462 |
| Income. Interest from loans (other than to participants) | 2014-12-31 | $0 |
| Interest earned on other investments | 2014-12-31 | $106,180 |
| Income. Interest from US Government securities | 2014-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $4,783,563 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $5,698,513 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $1,294,412 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $606,325 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2014-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $8,419,825 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $8,673,803 |
| Contributions received in cash from employer | 2014-12-31 | $935,119 |
| Employer contributions (assets) at end of year | 2014-12-31 | $-6,102 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $14,227 |
| Income. Dividends from preferred stock | 2014-12-31 | $0 |
| Income. Dividends from common stock | 2014-12-31 | $176,955 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $7,059,567 |
| Contract administrator fees | 2014-12-31 | $14,398 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $1,578,212 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $1,672,715 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2014-12-31 | 350921680 |
| 2013 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2013-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $2,592,263 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $2,592,263 |
| Total transfer of assets to this plan | 2013-12-31 | $26,694 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $20,100 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $19,500 |
| Expenses. Interest paid | 2013-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $11,734,619 |
| Total loss/gain on sale of assets | 2013-12-31 | $301,529 |
| Total of all expenses incurred | 2013-12-31 | $4,934,273 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $4,890,293 |
| Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $-3,000 |
| Value of total corrective distributions | 2013-12-31 | $3,096 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $3,891,872 |
| Value of total assets at end of year | 2013-12-31 | $43,067,527 |
| Value of total assets at beginning of year | 2013-12-31 | $36,239,887 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $43,884 |
| Total income from rents | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $146,049 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $557,312 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $381,623 |
| Administrative expenses professional fees incurred | 2013-12-31 | $19,500 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2013-12-31 | $0 |
| Contributions received from participants | 2013-12-31 | $2,707,711 |
| Participant contributions at end of year | 2013-12-31 | $623,368 |
| Participant contributions at beginning of year | 2013-12-31 | $640,279 |
| Participant contributions at end of year | 2013-12-31 | $37,877 |
| Participant contributions at beginning of year | 2013-12-31 | $910 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $283,200 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $20,100 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $19,500 |
| Other income not declared elsewhere | 2013-12-31 | $3 |
| Administrative expenses (other) incurred | 2013-12-31 | $599 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Income. Non cash contributions | 2013-12-31 | $0 |
| Value of net income/loss | 2013-12-31 | $6,800,346 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $43,047,427 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $36,220,387 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2013-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2013-12-31 | $0 |
| Investment advisory and management fees | 2013-12-31 | $16,865 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $22,248,753 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $23,305,811 |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $5,770,986 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $0 |
| Interest on participant loans | 2013-12-31 | $27,836 |
| Income. Interest from loans (other than to participants) | 2013-12-31 | $0 |
| Interest earned on other investments | 2013-12-31 | $118,213 |
| Income. Interest from US Government securities | 2013-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2013-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $5,698,513 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $5,324,876 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $3,792,671 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $452,920 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2013-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $8,673,803 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $6,968,004 |
| Contributions received in cash from employer | 2013-12-31 | $900,961 |
| Employer contributions (assets) at end of year | 2013-12-31 | $14,227 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $7 |
| Income. Dividends from preferred stock | 2013-12-31 | $0 |
| Income. Dividends from common stock | 2013-12-31 | $175,689 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,890,293 |
| Contract administrator fees | 2013-12-31 | $6,920 |
| Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $1,703,651 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $1,402,122 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | CROWE HORWATCH LLP |
| Accountancy firm EIN | 2013-12-31 | 350921680 |
| 2012 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2012-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $1,882,034 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $1,882,034 |
| Total transfer of assets to this plan | 2012-12-31 | $305,998 |
| Total transfer of assets from this plan | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $19,500 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $19,000 |
| Expenses. Interest paid | 2012-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $8,956,350 |
| Total loss/gain on sale of assets | 2012-12-31 | $182,389 |
| Total of all expenses incurred | 2012-12-31 | $4,463,139 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $4,395,999 |
| Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $9,535 |
| Value of total corrective distributions | 2012-12-31 | $8,601 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $3,689,044 |
| Value of total assets at end of year | 2012-12-31 | $36,239,887 |
| Value of total assets at beginning of year | 2012-12-31 | $31,440,178 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $49,004 |
| Total income from rents | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $151,602 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $566,158 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $384,241 |
| Administrative expenses professional fees incurred | 2012-12-31 | $6,122 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2012-12-31 | $0 |
| Contributions received from participants | 2012-12-31 | $2,543,222 |
| Participant contributions at end of year | 2012-12-31 | $640,279 |
| Participant contributions at beginning of year | 2012-12-31 | $814,525 |
| Participant contributions at end of year | 2012-12-31 | $910 |
| Participant contributions at beginning of year | 2012-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $265,787 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $16 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $19,500 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $19,000 |
| Other income not declared elsewhere | 2012-12-31 | $0 |
| Administrative expenses (other) incurred | 2012-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Income. Non cash contributions | 2012-12-31 | $0 |
| Value of net income/loss | 2012-12-31 | $4,493,211 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $36,220,387 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $31,421,178 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2012-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2012-12-31 | $0 |
| Investment advisory and management fees | 2012-12-31 | $11,246 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $23,305,811 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $20,405,065 |
| Interest on participant loans | 2012-12-31 | $32,794 |
| Income. Interest from loans (other than to participants) | 2012-12-31 | $0 |
| Interest earned on other investments | 2012-12-31 | $118,808 |
| Income. Interest from US Government securities | 2012-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2012-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $5,324,876 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $5,055,336 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $2,485,123 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2012-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $6,968,004 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $5,162,110 |
| Contributions received in cash from employer | 2012-12-31 | $880,035 |
| Employer contributions (assets) at end of year | 2012-12-31 | $7 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $3,142 |
| Income. Dividends from preferred stock | 2012-12-31 | $0 |
| Income. Dividends from common stock | 2012-12-31 | $181,917 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $4,395,983 |
| Contract administrator fees | 2012-12-31 | $31,636 |
| Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $0 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $802,128 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $619,739 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2012-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | CROWE HORWATH LLP |
| Accountancy firm EIN | 2012-12-31 | 350921680 |
| 2011 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-2,647,660 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-2,647,660 |
| Total transfer of assets to this plan | 2011-12-31 | $18,372 |
| Total transfer of assets from this plan | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $19,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $36,500 |
| Expenses. Interest paid | 2011-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $1,508,558 |
| Total loss/gain on sale of assets | 2011-12-31 | $-439,771 |
| Total of all expenses incurred | 2011-12-31 | $3,559,890 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $3,506,300 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $3,000 |
| Value of total corrective distributions | 2011-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $4,562,385 |
| Value of total assets at end of year | 2011-12-31 | $31,440,178 |
| Value of total assets at beginning of year | 2011-12-31 | $33,490,638 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $50,590 |
| Total income from rents | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $161,778 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $514,816 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $319,647 |
| Administrative expenses professional fees incurred | 2011-12-31 | $19,000 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2011-12-31 | $0 |
| Contributions received from participants | 2011-12-31 | $2,448,495 |
| Participant contributions at end of year | 2011-12-31 | $814,525 |
| Participant contributions at beginning of year | 2011-12-31 | $729,913 |
| Participant contributions at end of year | 2011-12-31 | $0 |
| Participant contributions at beginning of year | 2011-12-31 | $22 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $317,131 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $5,625 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $19,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $36,500 |
| Other income not declared elsewhere | 2011-12-31 | $34 |
| Administrative expenses (other) incurred | 2011-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Income. Non cash contributions | 2011-12-31 | $0 |
| Value of net income/loss | 2011-12-31 | $-2,051,332 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $31,421,178 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $33,454,138 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2011-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2011-12-31 | $0 |
| Investment advisory and management fees | 2011-12-31 | $23,372 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $20,405,065 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $20,016,912 |
| Interest on participant loans | 2011-12-31 | $35,615 |
| Income. Interest from loans (other than to participants) | 2011-12-31 | $0 |
| Interest earned on other investments | 2011-12-31 | $126,163 |
| Income. Interest from US Government securities | 2011-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2011-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $5,055,336 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $4,187,936 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-643,024 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2011-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $5,162,110 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $8,544,796 |
| Contributions received in cash from employer | 2011-12-31 | $1,796,759 |
| Employer contributions (assets) at end of year | 2011-12-31 | $3,142 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $5,434 |
| Income. Dividends from preferred stock | 2011-12-31 | $0 |
| Income. Dividends from common stock | 2011-12-31 | $195,169 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $3,506,300 |
| Contract administrator fees | 2011-12-31 | $8,218 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $0 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $1,200,522 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $1,640,293 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | BERARD & DONAHUE |
| Accountancy firm EIN | 2011-12-31 | 133774222 |
| 2010 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2010-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $1,605,965 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $1,605,965 |
| Total transfer of assets to this plan | 2010-12-31 | $9,188 |
| Total transfer of assets from this plan | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $36,500 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $23,125 |
| Expenses. Interest paid | 2010-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $9,157,657 |
| Total loss/gain on sale of assets | 2010-12-31 | $12,173 |
| Total of all expenses incurred | 2010-12-31 | $3,034,318 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,983,160 |
| Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of total corrective distributions | 2010-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $4,690,678 |
| Value of total assets at end of year | 2010-12-31 | $33,490,638 |
| Value of total assets at beginning of year | 2010-12-31 | $27,344,736 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $51,158 |
| Total income from rents | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $161,252 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $483,585 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $270,996 |
| Administrative expenses professional fees incurred | 2010-12-31 | $19,000 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2010-12-31 | $0 |
| Contributions received from participants | 2010-12-31 | $2,505,981 |
| Participant contributions at end of year | 2010-12-31 | $729,913 |
| Participant contributions at beginning of year | 2010-12-31 | $585,648 |
| Participant contributions at end of year | 2010-12-31 | $22 |
| Participant contributions at beginning of year | 2010-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $348,088 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $5,625 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $36,500 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $23,125 |
| Other income not declared elsewhere | 2010-12-31 | $0 |
| Administrative expenses (other) incurred | 2010-12-31 | $1,575 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Income. Non cash contributions | 2010-12-31 | $0 |
| Value of net income/loss | 2010-12-31 | $6,123,339 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $33,454,138 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $27,321,611 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2010-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2010-12-31 | $0 |
| Investment advisory and management fees | 2010-12-31 | $22,455 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $20,016,912 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $15,147,655 |
| Interest on participant loans | 2010-12-31 | $35,208 |
| Income. Interest from loans (other than to participants) | 2010-12-31 | $0 |
| Interest earned on other investments | 2010-12-31 | $126,044 |
| Income. Interest from US Government securities | 2010-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2010-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $15,810 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $15,810 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $4,187,936 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $3,920,732 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $2,204,004 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2010-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $8,544,796 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $7,674,891 |
| Contributions received in cash from employer | 2010-12-31 | $1,836,609 |
| Employer contributions (assets) at end of year | 2010-12-31 | $5,434 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
| Income. Dividends from preferred stock | 2010-12-31 | $0 |
| Income. Dividends from common stock | 2010-12-31 | $212,589 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,983,160 |
| Contract administrator fees | 2010-12-31 | $8,128 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $0 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $1,647,651 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $1,635,478 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | BERARD & DONAHUE, PC |
| Accountancy firm EIN | 2010-12-31 | 133774222 |
| 2009 : STERLING NATIONAL BANK 401(K) AND PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
