Call reports 2013
NORTHERN STATE BANK OF VIRGINIA — 2013
What NORTHERN STATE BANK OF VIRGINIA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 58,411,000 | 58,875,000 | 59,584,000 | 58,775,000 |
| Total loans | 39,546,000 | 39,340,000 | 41,959,000 | 43,240,000 |
| Allowance for loan losses | 625,000 | 624,000 | 642,000 | 750,000 |
| Securities available for sale | 3,478,000 | 3,433,000 | 2,906,000 | 2,481,000 |
| Securities held to maturity | 4,694,000 | 5,690,000 | 5,683,000 | 5,675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,963,000 | 54,419,000 | 54,564,000 | 53,308,000 |
| Interest-bearing deposits | 47,074,000 | 47,207,000 | 46,849,000 | 46,789,000 |
| Noninterest-bearing deposits | 6,889,000 | 7,212,000 | 7,715,000 | 6,519,000 |
| Equity capital | 4,397,000 | 4,412,000 | 4,473,000 | 4,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 584,000 | 1,146,000 | 1,747,000 | 2,345,000 |
| Interest expense | 63,000 | 117,000 | 168,000 | 218,000 |
| Net interest income | 521,000 | 1,029,000 | 1,579,000 | 2,127,000 |
| Noninterest income | 52,000 | 124,000 | 183,000 | 232,000 |
| Noninterest expense | 536,000 | 1,073,000 | 1,592,000 | 2,114,000 |
| Provision for loan losses | 0 | 0 | 18,000 | 126,000 |
| Pretax income | 37,000 | 80,000 | 152,000 | 119,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 37,000 | 80,000 | 152,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,383,000 | 4,425,000 | 4,498,000 | 4,465,000 |
| Total capital | 4,851,000 | 4,888,000 | 4,976,000 | 4,956,000 |
| Risk-weighted assets | 37,259,000 | 36,888,000 | 38,095,000 | 39,050,000 |