Call reports 2019
NORTHERN STATE BANK OF VIRGINIA — 2019
What NORTHERN STATE BANK OF VIRGINIA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 71,512,000 | 74,419,000 | 74,515,000 | 76,473,000 |
| Total loans | 50,203,000 | 51,637,000 | 55,329,000 | 57,298,000 |
| Allowance for loan losses | 486,000 | 486,000 | 487,000 | 513,000 |
| Securities available for sale | 5,174,000 | 5,171,000 | 5,544,000 | 5,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,197,000 | 65,826,000 | 65,890,000 | 67,833,000 |
| Interest-bearing deposits | 50,004,000 | 50,825,000 | 52,611,000 | 53,008,000 |
| Noninterest-bearing deposits | 13,193,000 | 15,001,000 | 13,279,000 | 14,825,000 |
| Equity capital | 8,213,000 | 8,486,000 | 8,479,000 | 8,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 836,000 | 1,688,000 | 2,591,000 | 3,529,000 |
| Interest expense | 49,000 | 105,000 | 174,000 | 245,000 |
| Net interest income | 787,000 | 1,583,000 | 2,417,000 | 3,284,000 |
| Noninterest income | 35,000 | 74,000 | 121,000 | 175,000 |
| Noninterest expense | 590,000 | 1,190,000 | 1,788,000 | 2,460,000 |
| Provision for loan losses | 0 | 0 | 0 | 26,000 |
| Pretax income | 232,000 | 467,000 | 750,000 | 973,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 232,000 | 467,000 | 750,000 | 973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,537,000 | 6,817,000 | 6,848,000 | 6,965,000 |
| Total capital | 7,023,000 | 7,303,000 | 7,335,000 | 7,478,000 |
| Risk-weighted assets | 44,451,000 | 46,688,000 | 50,877,000 | 53,108,000 |