Call reports 2023
NORTH COUNTRY SAVINGS BANK, THE — 2023
What NORTH COUNTRY SAVINGS BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 305,425,000 | 309,892,000 | 314,453,000 | 324,962,000 |
| Total loans | 252,524,000 | 257,191,000 | 263,463,000 | 271,941,000 |
| Allowance for loan losses | 1,112,000 | 1,127,000 | 1,083,000 | 1,113,000 |
| Securities available for sale | 3,607,000 | 3,506,000 | 3,311,000 | 3,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,194,000 | 252,982,000 | 252,593,000 | 255,771,000 |
| Interest-bearing deposits | 213,778,000 | 215,001,000 | 211,017,000 | 218,864,000 |
| Noninterest-bearing deposits | 38,416,000 | 37,981,000 | 41,576,000 | 36,907,000 |
| Equity capital | 37,336,000 | 37,689,000 | 37,697,000 | 39,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,133,000 | 6,568,000 | 10,272,000 | 14,377,000 |
| Interest expense | 387,000 | 938,000 | 1,655,000 | 2,631,000 |
| Net interest income | 2,746,000 | 5,630,000 | 8,617,000 | 11,746,000 |
| Noninterest income | 483,000 | 949,000 | 1,415,000 | 1,008,000 |
| Noninterest expense | 2,783,000 | 5,626,000 | 8,951,000 | 12,018,000 |
| Provision for loan losses | 24,000 | 47,000 | 49,000 | 152,000 |
| Pretax income | 422,000 | 906,000 | 1,032,000 | 584,000 |
| Income tax | 80,000 | 176,000 | 196,000 | 1,261,000 |
| Net income | 342,000 | 730,000 | 836,000 | -677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,124,000 | 45,511,000 | 45,618,000 | 44,104,000 |
| Total capital | 46,132,000 | 46,534,000 | 46,597,000 | 45,113,000 |
| Risk-weighted assets | 185,420,000 | 189,361,000 | 193,481,000 | 200,971,000 |