Call reports 2023
NORTHEAST BANK — 2023
What NORTHEAST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 712,829,000 | 719,583,000 | 715,572,000 | 747,866,000 |
| Total loans | 477,508,000 | 482,994,000 | 497,038,000 | 514,309,000 |
| Allowance for loan losses | 4,988,000 | 5,000,000 | 4,990,000 | 5,070,000 |
| Securities available for sale | 223,008,000 | 218,115,000 | 204,780,000 | 217,147,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 651,502,000 | 649,004,000 | 650,759,000 | 623,908,000 |
| Interest-bearing deposits | 439,745,000 | 454,458,000 | 467,121,000 | 451,558,000 |
| Noninterest-bearing deposits | 211,757,000 | 194,546,000 | 183,638,000 | 172,350,000 |
| Equity capital | 47,811,000 | 47,564,000 | 39,179,000 | 53,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,533,000 | 15,197,000 | 23,135,000 | 31,494,000 |
| Interest expense | 868,000 | 2,105,000 | 3,708,000 | 5,622,000 |
| Net interest income | 6,665,000 | 13,092,000 | 19,427,000 | 25,872,000 |
| Noninterest income | 286,000 | 585,000 | 876,000 | 1,177,000 |
| Noninterest expense | 4,106,000 | 8,443,000 | 12,699,000 | 17,590,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,862,000 | 5,251,000 | 7,663,000 | 9,491,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,862,000 | 5,251,000 | 7,663,000 | 9,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,703,000 | 71,366,000 | 73,054,000 | 74,001,000 |
| Total capital | 74,691,000 | 76,366,000 | 78,044,000 | 79,071,000 |
| Risk-weighted assets | 539,641,000 | 550,162,000 | 557,186,000 | 584,246,000 |