Call reports 2011
NORTHLAND NATIONAL BANK — 2011
What NORTHLAND NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 48,291,000 | 46,361,000 | 44,445,000 | 41,994,000 |
| Total loans | 21,629,000 | 25,579,000 | 23,503,000 | 24,152,000 |
| Allowance for loan losses | 981,000 | 863,000 | 843,000 | 856,000 |
| Securities available for sale | 13,306,000 | 12,384,000 | 11,301,000 | 11,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,235,000 | 41,243,000 | 39,493,000 | 37,702,000 |
| Interest-bearing deposits | 37,618,000 | 36,618,000 | 34,009,000 | 30,353,000 |
| Noninterest-bearing deposits | 5,617,000 | 4,625,000 | 5,484,000 | 7,349,000 |
| Equity capital | 4,773,000 | 4,814,000 | 4,642,000 | 4,137,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 450,000 | 903,000 | 1,354,000 | 1,782,000 |
| Interest expense | 232,000 | 441,000 | 631,000 | 785,000 |
| Net interest income | 218,000 | 462,000 | 723,000 | 997,000 |
| Noninterest income | 42,000 | 89,000 | 120,000 | 160,000 |
| Noninterest expense | 603,000 | 1,241,000 | 1,723,000 | 2,500,000 |
| Provision for loan losses | 45,000 | -95,000 | -95,000 | -95,000 |
| Pretax income | -388,000 | -595,000 | -785,000 | -1,248,000 |
| Income tax | 0 | -24,000 | 0 | 0 |
| Net income | -388,000 | -571,000 | -785,000 | -1,248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,341,000 | 4,250,000 | 4,035,000 | 3,897,000 |
| Total capital | 4,643,000 | 4,581,000 | 4,354,000 | 4,223,000 |
| Risk-weighted assets | 23,401,000 | 25,902,000 | 24,971,000 | 25,173,000 |