Call reports 2020
NORTHWEST BANK OF ROCKFORD — 2020
What NORTHWEST BANK OF ROCKFORD 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 | 296,464,000 | 344,021,000 | 338,535,000 | 352,993,000 |
| Total loans | 213,477,000 | 265,638,000 | 265,702,000 | 232,247,000 |
| Allowance for loan losses | 2,561,000 | 4,956,000 | 2,967,000 | 2,947,000 |
| Securities available for sale | 50,749,000 | 49,315,000 | 50,200,000 | 49,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,333,000 | 294,584,000 | 283,697,000 | 302,979,000 |
| Interest-bearing deposits | 200,742,000 | 216,055,000 | 217,736,000 | 225,206,000 |
| Noninterest-bearing deposits | 55,591,000 | 78,529,000 | 65,961,000 | 77,773,000 |
| Equity capital | 27,354,000 | 28,512,000 | 29,278,000 | 30,454,000 |
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 | 3,105,000 | 6,345,000 | 9,717,000 | 13,337,000 |
| Interest expense | 750,000 | 1,416,000 | 2,034,000 | 2,579,000 |
| Net interest income | 2,355,000 | 4,929,000 | 7,683,000 | 10,758,000 |
| Noninterest income | 862,000 | 2,347,000 | 4,021,000 | 5,555,000 |
| Noninterest expense | 2,584,000 | 5,363,000 | 8,259,000 | 11,021,000 |
| Provision for loan losses | 96,000 | 2,505,000 | 2,597,000 | 2,810,000 |
| Pretax income | 537,000 | -592,000 | 849,000 | 2,484,000 |
| Income tax | 108,000 | -246,000 | 113,000 | 529,000 |
| Net income | 429,000 | -346,000 | 736,000 | 1,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,491,000 | 27,152,000 | 28,235,000 | 29,455,000 |