Call reports 2021
NORTH COUNTRY SAVINGS BANK, THE — 2021
What NORTH COUNTRY SAVINGS BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 300,631,000 | 320,203,000 | 327,719,000 | 319,074,000 |
| Total loans | 234,097,000 | 236,334,000 | 240,295,000 | 240,721,000 |
| Allowance for loan losses | 877,000 | 891,000 | 868,000 | 864,000 |
| Securities available for sale | 1,967,000 | 1,966,000 | 1,944,000 | 1,114,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,308,000 | 259,560,000 | 267,078,000 | 260,730,000 |
| Interest-bearing deposits | 203,264,000 | 223,836,000 | 228,277,000 | 224,538,000 |
| Noninterest-bearing deposits | 37,044,000 | 35,724,000 | 38,801,000 | 36,192,000 |
| Equity capital | 37,913,000 | 38,326,000 | 38,561,000 | 39,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,515,000 | 4,982,000 | 7,403,000 | 9,879,000 |
| Interest expense | 297,000 | 586,000 | 874,000 | 1,152,000 |
| Net interest income | 2,218,000 | 4,396,000 | 6,529,000 | 8,727,000 |
| Noninterest income | 771,000 | 1,582,000 | 2,457,000 | 3,230,000 |
| Noninterest expense | 2,423,000 | 4,870,000 | 7,512,000 | 10,370,000 |
| Provision for loan losses | 70,000 | 113,000 | 188,000 | 226,000 |
| Pretax income | 496,000 | 995,000 | 1,286,000 | 1,361,000 |
| Income tax | 95,000 | 193,000 | 245,000 | 292,000 |
| Net income | 401,000 | 802,000 | 1,041,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,876,000 | 43,277,000 | 43,516,000 | 43,545,000 |
| Total capital | 43,753,000 | 44,168,000 | 44,384,000 | 44,409,000 |
| Risk-weighted assets | 172,208,000 | 168,873,000 | 172,939,000 | 174,060,000 |