Call reports 2012
NORTHLAND NATIONAL BANK — 2012
What NORTHLAND NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 40,507,000 | 38,020,000 | 36,323,000 | 34,502,000 |
| Total loans | 22,378,000 | 20,923,000 | 21,604,000 | 19,865,000 |
| Allowance for loan losses | 597,000 | 525,000 | 448,000 | 391,000 |
| Securities available for sale | 7,938,000 | 5,809,000 | 5,694,000 | 3,542,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,418,000 | 34,231,000 | 32,473,000 | 30,672,000 |
| Interest-bearing deposits | 31,473,000 | 28,824,000 | 26,923,000 | 25,081,000 |
| Noninterest-bearing deposits | 4,945,000 | 5,407,000 | 5,550,000 | 5,591,000 |
| Equity capital | 3,945,000 | 3,666,000 | 3,456,000 | 3,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 394,000 | 773,000 | 1,139,000 | 1,487,000 |
| Interest expense | 119,000 | 218,000 | 299,000 | 368,000 |
| Net interest income | 275,000 | 555,000 | 840,000 | 1,119,000 |
| Noninterest income | 46,000 | 80,000 | 37,000 | 66,000 |
| Noninterest expense | 483,000 | 932,000 | 1,327,000 | 1,800,000 |
| Provision for loan losses | 17,000 | 153,000 | 199,000 | 334,000 |
| Pretax income | -179,000 | -450,000 | -649,000 | -949,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -179,000 | -450,000 | -649,000 | -949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,718,000 | 3,447,000 | 3,249,000 | 2,948,000 |
| Total capital | 4,009,000 | 3,721,000 | 3,531,000 | 3,205,000 |
| Risk-weighted assets | 22,944,000 | 21,647,000 | 22,359,000 | 20,412,000 |