Call reports 2024
NORTHEAST BANK — 2024
What NORTHEAST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 739,642,000 | 743,475,000 | 772,410,000 | 779,041,000 |
| Total loans | 511,407,000 | 519,277,000 | 530,599,000 | 555,419,000 |
| Allowance for loan losses | 5,078,000 | 5,090,000 | 4,903,000 | 4,912,000 |
| Securities available for sale | 207,455,000 | 210,353,000 | 215,686,000 | 205,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 683,813,000 | 679,740,000 | 702,959,000 | 634,517,000 |
| Interest-bearing deposits | 511,369,000 | 506,109,000 | 520,232,000 | 465,024,000 |
| Noninterest-bearing deposits | 172,444,000 | 173,631,000 | 182,727,000 | 169,493,000 |
| Equity capital | 50,949,000 | 53,077,000 | 62,397,000 | 55,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,579,000 | 17,223,000 | 26,203,000 | 35,501,000 |
| Interest expense | 2,374,000 | 4,696,000 | 7,056,000 | 9,305,000 |
| Net interest income | 6,205,000 | 12,527,000 | 19,147,000 | 26,196,000 |
| Noninterest income | 315,000 | 682,000 | 1,030,000 | 1,381,000 |
| Noninterest expense | 4,402,000 | 8,862,000 | 13,308,000 | 18,528,000 |
| Provision for loan losses | 0 | 0 | -200,000 | -200,000 |
| Pretax income | 2,333,000 | 4,562,000 | 7,084,000 | 9,264,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,333,000 | 4,562,000 | 7,084,000 | 9,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,634,000 | 75,283,000 | 77,205,000 | 78,985,000 |
| Total capital | 78,712,000 | 80,373,000 | 82,308,000 | 84,097,000 |
| Risk-weighted assets | 569,264,000 | 578,310,000 | 587,240,000 | 616,565,000 |