Call reports 2015
NORTHERN STATE BANK OF VIRGINIA — 2015
What NORTHERN STATE BANK OF VIRGINIA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 60,226,000 | 59,449,000 | 61,490,000 | 59,000,000 |
| Total loans | 43,590,000 | 43,470,000 | 43,198,000 | 41,824,000 |
| Allowance for loan losses | 700,000 | 700,000 | 625,000 | 525,000 |
| Securities available for sale | 1,813,000 | 2,112,000 | 1,619,000 | 1,837,000 |
| Securities held to maturity | 2,626,000 | 2,622,000 | 2,618,000 | 2,614,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,532,000 | 54,797,000 | 56,779,000 | 54,358,000 |
| Interest-bearing deposits | 47,657,000 | 46,073,000 | 47,903,000 | 46,591,000 |
| Noninterest-bearing deposits | 7,875,000 | 8,724,000 | 8,876,000 | 7,767,000 |
| Equity capital | 4,643,000 | 4,602,000 | 4,680,000 | 4,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 564,000 | 1,105,000 | 1,699,000 | 2,263,000 |
| Interest expense | 42,000 | 83,000 | 122,000 | 161,000 |
| Net interest income | 522,000 | 1,022,000 | 1,577,000 | 2,102,000 |
| Noninterest income | 41,000 | 87,000 | 136,000 | 159,000 |
| Noninterest expense | 518,000 | 1,097,000 | 1,627,000 | 2,166,000 |
| Provision for loan losses | 0 | 0 | 7,000 | 88,000 |
| Pretax income | 45,000 | 12,000 | 79,000 | 7,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 45,000 | 12,000 | 79,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,649,000 | 4,615,000 | 4,682,000 | 4,610,000 |
| Total capital | 5,138,000 | 5,106,000 | 5,164,000 | 5,078,000 |
| Risk-weighted assets | 38,966,000 | 39,121,000 | 38,483,000 | 37,405,000 |