Call reports 2018
NORSTATES BANK — 2018
What NORSTATES BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 485,248,000 | 528,734,000 | 547,484,000 |
| Total loans | 317,376,000 | 310,453,000 | 306,000,000 |
| Allowance for loan losses | 6,897,000 | 6,366,000 | 6,381,000 |
| Securities available for sale | 47,998,000 | 41,939,000 | 40,441,000 |
| Securities held to maturity | 12,644,000 | 10,589,000 | 10,541,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 396,110,000 | 446,780,000 | 459,591,000 |
| Interest-bearing deposits | 272,182,000 | 319,979,000 | 333,095,000 |
| Noninterest-bearing deposits | 123,928,000 | 126,801,000 | 126,496,000 |
| Equity capital | 62,331,000 | 62,804,000 | 63,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Interest income | 4,085,000 | 8,392,000 | 13,036,000 |
| Interest expense | 125,000 | 329,000 | 757,000 |
| Net interest income | 3,960,000 | 8,063,000 | 12,279,000 |
| Noninterest income | 874,000 | 1,109,000 | 1,881,000 |
| Noninterest expense | 3,528,000 | 7,165,000 | 10,793,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 1,306,000 | 2,007,000 | 3,367,000 |
| Income tax | 353,000 | 533,000 | 899,000 |
| Net income | 953,000 | 1,474,000 | 2,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 52,370,000 | 52,501,000 | 54,087,000 |
| Total capital | 56,515,000 | 56,847,000 | 58,375,000 |
| Risk-weighted assets | 328,863,000 | 345,685,000 | 340,980,000 |