Call reports 2014
BANK NORTH — 2014
What BANK NORTH reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Total assets | 123,937,000 | 124,423,000 | 119,364,000 |
| Total loans | 81,105,000 | 80,590,000 | 80,337,000 |
| Allowance for loan losses | 1,463,000 | 35,000 | 142,000 |
| Securities available for sale | 35,239,000 | 33,698,000 | 25,948,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 104,826,000 | 104,698,000 | 100,692,000 |
| Interest-bearing deposits | 88,312,000 | 83,304,000 | 81,614,000 |
| Noninterest-bearing deposits | 16,514,000 | 21,394,000 | 19,078,000 |
| Equity capital | 13,822,000 | 13,087,000 | 13,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Interest income | 1,256,000 | 265,000 | 1,582,000 |
| Interest expense | 148,000 | 16,000 | 129,000 |
| Net interest income | 1,108,000 | 249,000 | 1,453,000 |
| Noninterest income | 121,000 | 28,000 | 46,000 |
| Noninterest expense | 904,000 | 430,000 | 1,434,000 |
| Provision for loan losses | 0 | 35,000 | 141,000 |
| Pretax income | 325,000 | -188,000 | 24,000 |
| Income tax | 89,000 | 0 | 0 |
| Net income | 236,000 | -188,000 | 24,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 13,810,000 | 9,790,000 | 10,042,000 |
| Total capital | 14,733,000 | 9,825,000 | 10,184,000 |
| Risk-weighted assets | 73,335,000 | 72,629,000 | 71,073,000 |