Call reports 2020
NORTHEAST BANK — 2020
What NORTHEAST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 540,849,000 | 653,506,000 | 666,743,000 | 664,538,000 |
| Total loans | 420,853,000 | 525,703,000 | 520,486,000 | 508,827,000 |
| Allowance for loan losses | 3,922,000 | 3,938,000 | 4,512,000 | 4,527,000 |
| Securities available for sale | 93,535,000 | 99,373,000 | 98,358,000 | 103,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,937,000 | 517,556,000 | 528,339,000 | 517,832,000 |
| Interest-bearing deposits | 234,598,000 | 290,969,000 | 293,160,000 | 285,984,000 |
| Noninterest-bearing deposits | 162,339,000 | 226,587,000 | 235,179,000 | 231,848,000 |
| Equity capital | 57,502,000 | 59,198,000 | 60,567,000 | 62,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,529,000 | 11,482,000 | 17,418,000 | 23,617,000 |
| Interest expense | 382,000 | 741,000 | 1,082,000 | 1,398,000 |
| Net interest income | 5,147,000 | 10,741,000 | 16,336,000 | 22,219,000 |
| Noninterest income | 324,000 | 551,000 | 817,000 | 1,119,000 |
| Noninterest expense | 3,387,000 | 6,769,000 | 10,253,000 | 14,154,000 |
| Provision for loan losses | 0 | 0 | 580,000 | 580,000 |
| Pretax income | 2,245,000 | 4,684,000 | 6,480,000 | 8,764,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,245,000 | 4,684,000 | 6,480,000 | 8,764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,639,000 | 56,728,000 | 57,724,000 | 59,208,000 |
| Total capital | 59,561,000 | 60,666,000 | 62,236,000 | 63,735,000 |
| Risk-weighted assets | 442,056,000 | 453,582,000 | 449,618,000 | 449,951,000 |