Call reports 2016
NORTHWEST BANK OF ROCKFORD — 2016
What NORTHWEST BANK OF ROCKFORD reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 256,899,000 | 264,853,000 | 264,858,000 | 266,542,000 |
| Total loans | 193,276,000 | 201,114,000 | 203,417,000 | 203,504,000 |
| Allowance for loan losses | 3,813,000 | 3,906,000 | 3,937,000 | 3,332,000 |
| Securities available for sale | 39,667,000 | 42,649,000 | 40,336,000 | 43,061,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,193,000 | 225,205,000 | 228,786,000 | 232,306,000 |
| Interest-bearing deposits | 181,500,000 | 186,320,000 | 192,566,000 | 193,101,000 |
| Noninterest-bearing deposits | 40,693,000 | 38,885,000 | 36,220,000 | 39,205,000 |
| Equity capital | 24,657,000 | 25,239,000 | 25,546,000 | 25,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,532,000 | 5,133,000 | 7,742,000 | 10,387,000 |
| Interest expense | 342,000 | 717,000 | 1,130,000 | 1,556,000 |
| Net interest income | 2,190,000 | 4,416,000 | 6,612,000 | 8,831,000 |
| Noninterest income | 627,000 | 1,629,000 | 2,533,000 | 3,450,000 |
| Noninterest expense | 2,095,000 | 4,243,000 | 6,362,000 | 8,547,000 |
| Provision for loan losses | 100,000 | 200,000 | 300,000 | 400,000 |
| Pretax income | 641,000 | 1,645,000 | 2,527,000 | 3,285,000 |
| Income tax | 177,000 | 489,000 | 751,000 | 967,000 |
| Net income | 464,000 | 1,156,000 | 1,776,000 | 2,318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,065,000 | 24,558,000 | 24,928,000 | 25,220,000 |
| Total capital | 26,617,000 | 27,269,000 | 27,703,000 | 27,991,000 |
| Risk-weighted assets | 202,919,000 | 215,649,000 | 220,856,000 | 221,152,000 |