Call reports 2017
NORTHERN STATE BANK OF VIRGINIA — 2017
What NORTHERN STATE BANK OF VIRGINIA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 62,060,000 | 62,416,000 | 64,277,000 | 64,357,000 |
| Total loans | 45,690,000 | 46,468,000 | 47,320,000 | 47,282,000 |
| Allowance for loan losses | 562,000 | 560,000 | 560,000 | 544,000 |
| Securities available for sale | 3,578,000 | 3,422,000 | 3,357,000 | 3,286,000 |
| Securities held to maturity | 663,000 | 551,000 | 550,000 | 548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,170,000 | 57,433,000 | 59,113,000 | 59,029,000 |
| Interest-bearing deposits | 45,893,000 | 45,610,000 | 45,943,000 | 47,030,000 |
| Noninterest-bearing deposits | 11,277,000 | 11,823,000 | 13,170,000 | 11,999,000 |
| Equity capital | 4,804,000 | 4,926,000 | 5,096,000 | 5,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 625,000 | 1,270,000 | 1,944,000 | 2,606,000 |
| Interest expense | 38,000 | 75,000 | 112,000 | 148,000 |
| Net interest income | 587,000 | 1,195,000 | 1,832,000 | 2,458,000 |
| Noninterest income | 47,000 | 91,000 | 114,000 | 142,000 |
| Noninterest expense | 520,000 | 1,050,000 | 1,543,000 | 2,099,000 |
| Provision for loan losses | 0 | 8,000 | 9,000 | -11,000 |
| Pretax income | 114,000 | 228,000 | 394,000 | 512,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 114,000 | 228,000 | 394,000 | 512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,825,000 | 4,938,000 | 5,105,000 | 5,222,000 |
| Total capital | 5,309,000 | 5,427,000 | 5,608,000 | 5,729,000 |
| Risk-weighted assets | 38,662,000 | 39,079,000 | 40,239,000 | 40,584,000 |