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Call reports 2019

NORTHWEST BANK OF ROCKFORD — 2019

What NORTHWEST BANK OF ROCKFORD reported to the FFIEC in 2019, quarter by quarter.

PERIOD: 2019SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/233c1c8e-58f5-4ccc-9ca6-22dc9205496f/2019

Balance sheet

What the bank holds and owes at quarter end

Measure2019Q12019Q22019Q32019Q4
Total assets282,202,000295,602,000285,868,000294,962,000
Total loans210,691,000217,315,000216,817,000211,825,000
Allowance for loan losses2,920,0002,918,0002,937,0002,474,000
Securities available for sale40,865,00039,461,00037,880,00041,780,000
Securities held to maturity0000
Trading assets0000
Total deposits242,318,000253,992,000244,307,000252,858,000
Interest-bearing deposits194,718,000194,741,000199,234,000204,282,000
Noninterest-bearing deposits47,600,00059,251,00045,073,00048,577,000
Equity capital27,159,00027,861,00028,297,00027,559,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2019Q12019Q22019Q32019Q4
Interest income2,988,0006,179,0009,510,00012,723,000
Interest expense628,0001,345,0002,105,0002,892,000
Net interest income2,360,0004,834,0007,405,0009,831,000
Noninterest income666,0001,553,0002,425,0003,288,000
Noninterest expense2,530,0005,091,0007,633,00010,298,000
Provision for loan losses90,000180,000270,0001,660,000
Pretax income406,0001,129,0001,940,0001,174,000
Income tax66,000234,000423,000168,000
Net income340,000895,0001,517,0001,006,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2019Q12019Q22019Q32019Q4
Tier 1 capital27,362,00027,701,00028,072,00027,313,000
Total capital30,282,00030,619,00031,009,00029,787,000
Risk-weighted assets241,358,000247,512,000243,934,000237,082,000