Call reports 2010
BANK NORTH — 2010
What BANK NORTH reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 122,223,000 | 117,917,000 | 120,180,000 | 118,288,000 |
| Total loans | 82,676,000 | 81,923,000 | 79,826,000 | 80,597,000 |
| Allowance for loan losses | 991,000 | 1,330,000 | 1,398,000 | 1,323,000 |
| Securities available for sale | 33,802,000 | 31,552,000 | 32,814,000 | 31,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,031,000 | 96,380,000 | 101,168,000 | 97,610,000 |
| Interest-bearing deposits | 85,712,000 | 82,165,000 | 86,457,000 | 83,496,000 |
| Noninterest-bearing deposits | 13,319,000 | 14,215,000 | 14,711,000 | 14,114,000 |
| Equity capital | 12,836,000 | 12,982,000 | 13,227,000 | 13,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,518,000 | 3,053,000 | 4,548,000 | 6,009,000 |
| Interest expense | 342,000 | 653,000 | 943,000 | 1,207,000 |
| Net interest income | 1,176,000 | 2,400,000 | 3,605,000 | 4,802,000 |
| Noninterest income | 86,000 | 212,000 | 332,000 | 374,000 |
| Noninterest expense | 987,000 | 1,855,000 | 2,850,000 | 3,769,000 |
| Provision for loan losses | 30,000 | 438,000 | 543,000 | 751,000 |
| Pretax income | 245,000 | 319,000 | 544,000 | 656,000 |
| Income tax | 51,000 | -25,000 | 27,000 | 31,000 |
| Net income | 194,000 | 344,000 | 517,000 | 625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,339,000 | 12,490,000 | 12,662,000 | 12,771,000 |
| Total capital | 13,319,000 | 13,443,000 | 13,601,000 | 13,709,000 |
| Risk-weighted assets | 78,405,000 | 75,871,000 | 74,671,000 | 74,667,000 |