Call reports 2021
NORTHWEST BANK OF ROCKFORD — 2021
What NORTHWEST BANK OF ROCKFORD 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 | 389,368,000 | 367,957,000 | 397,927,000 | 381,370,000 |
| Total loans | 232,319,000 | 230,721,000 | 226,014,000 | 233,451,000 |
| Allowance for loan losses | 2,995,000 | 2,796,000 | 2,799,000 | 2,795,000 |
| Securities available for sale | 64,138,000 | 74,288,000 | 75,724,000 | 83,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,274,000 | 320,170,000 | 324,612,000 | 330,630,000 |
| Interest-bearing deposits | 242,607,000 | 226,755,000 | 227,884,000 | 236,649,000 |
| Noninterest-bearing deposits | 98,667,000 | 93,415,000 | 96,728,000 | 93,981,000 |
| Equity capital | 30,794,000 | 31,770,000 | 33,010,000 | 33,986,000 |
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 | 3,165,000 | 6,132,000 | 9,497,000 | 12,667,000 |
| Interest expense | 472,000 | 873,000 | 1,221,000 | 1,543,000 |
| Net interest income | 2,693,000 | 5,259,000 | 8,276,000 | 11,124,000 |
| Noninterest income | 1,327,000 | 2,554,000 | 3,869,000 | 5,476,000 |
| Noninterest expense | 2,690,000 | 5,395,000 | 8,213,000 | 10,919,000 |
| Provision for loan losses | 122,000 | 126,000 | 132,000 | 138,000 |
| Pretax income | 1,208,000 | 2,292,000 | 3,834,000 | 5,577,000 |
| Income tax | 310,000 | 567,000 | 954,000 | 1,404,000 |
| Net income | 898,000 | 1,725,000 | 2,880,000 | 4,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,354,000 | 31,221,000 | 32,377,000 | 33,923,000 |