Call reports 2018
NORTHERN STATE BANK OF VIRGINIA — 2018
What NORTHERN STATE BANK OF VIRGINIA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 64,752,000 | 65,020,000 | 70,212,000 | 71,954,000 |
| Total loans | 47,763,000 | 48,591,000 | 48,746,000 | 49,686,000 |
| Allowance for loan losses | 518,000 | 521,000 | 479,000 | 478,000 |
| Securities available for sale | 3,769,000 | 3,716,000 | 6,648,000 | 6,530,000 |
| Securities held to maturity | 157,000 | 156,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,471,000 | 59,834,000 | 62,305,000 | 63,812,000 |
| Interest-bearing deposits | 47,440,000 | 46,183,000 | 48,642,000 | 50,309,000 |
| Noninterest-bearing deposits | 12,031,000 | 13,651,000 | 13,663,000 | 13,503,000 |
| Equity capital | 5,095,000 | 5,097,000 | 7,792,000 | 8,093,000 |
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 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 672,000 | 1,386,000 | 789,000 | 1,629,000 |
| Interest expense | 38,000 | 77,000 | 44,000 | 87,000 |
| Net interest income | 634,000 | 1,309,000 | 745,000 | 1,542,000 |
| Noninterest income | 38,000 | 59,000 | 1,005,000 | 1,071,000 |
| Noninterest expense | 538,000 | 1,206,000 | 569,000 | 1,160,000 |
| Provision for loan losses | 0 | 28,000 | 475,000 | 475,000 |
| Pretax income | 134,000 | 134,000 | 706,000 | 978,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 134,000 | 134,000 | 706,000 | 978,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,136,000 | 5,135,000 | 6,120,000 | 6,436,000 |
| Total capital | 5,645,000 | 5,654,000 | 6,599,000 | 6,914,000 |
| Risk-weighted assets | 40,765,000 | 41,527,000 | 43,183,000 | 44,431,000 |