Call reports 2020
NORTH COUNTRY SAVINGS BANK, THE — 2020
What NORTH COUNTRY SAVINGS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 281,592,000 | 297,510,000 | 295,774,000 | 299,130,000 |
| Total loans | 226,689,000 | 228,939,000 | 230,631,000 | 232,886,000 |
| Allowance for loan losses | 750,000 | 765,000 | 857,000 | 861,000 |
| Securities available for sale | 1,763,000 | 1,739,000 | 2,059,000 | 2,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,251,000 | 225,740,000 | 228,100,000 | 228,946,000 |
| Interest-bearing deposits | 180,275,000 | 193,687,000 | 192,195,000 | 196,022,000 |
| Noninterest-bearing deposits | 25,976,000 | 32,053,000 | 35,905,000 | 32,924,000 |
| Equity capital | 35,166,000 | 35,368,000 | 35,441,000 | 37,552,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,774,000 | 5,350,000 | 7,937,000 | 10,549,000 |
| Interest expense | 412,000 | 810,000 | 1,177,000 | 1,522,000 |
| Net interest income | 2,362,000 | 4,540,000 | 6,760,000 | 9,027,000 |
| Noninterest income | 429,000 | 804,000 | 1,227,000 | 1,644,000 |
| Noninterest expense | 2,147,000 | 4,363,000 | 6,825,000 | 9,078,000 |
| Provision for loan losses | 120,000 | 209,000 | 307,000 | 338,000 |
| Pretax income | 524,000 | 772,000 | 855,000 | 1,255,000 |
| Income tax | 102,000 | 147,000 | 156,000 | 193,000 |
| Net income | 422,000 | 625,000 | 699,000 | 1,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,835,000 | 42,038,000 | 42,112,000 | 42,475,000 |
| Total capital | 42,585,000 | 42,803,000 | 42,969,000 | 43,336,000 |
| Risk-weighted assets | 165,592,000 | 167,411,000 | 169,472,000 | 170,916,000 |