Call reports 2016
NORTHEAST BANK — 2016
What NORTHEAST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 922,345,000 | 985,417,000 | 985,130,000 | 1,012,347,000 |
| Total loans | 704,637,000 | 700,063,000 | 728,703,000 | 775,937,000 |
| Allowance for loan losses | 2,877,000 | 2,679,000 | 2,716,000 | 3,230,000 |
| Securities available for sale | 90,491,000 | 100,572,000 | 94,583,000 | 90,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 767,821,000 | 830,124,000 | 828,550,000 | 855,387,000 |
| Interest-bearing deposits | 697,335,000 | 738,720,000 | 736,326,000 | 769,460,000 |
| Noninterest-bearing deposits | 70,486,000 | 91,404,000 | 92,224,000 | 85,927,000 |
| Equity capital | 113,055,000 | 115,684,000 | 117,960,000 | 129,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 11,220,000 | 24,016,000 | 36,234,000 | 50,566,000 |
| Interest expense | 1,871,000 | 3,840,000 | 5,894,000 | 7,948,000 |
| Net interest income | 9,349,000 | 20,176,000 | 30,340,000 | 42,618,000 |
| Noninterest income | 2,029,000 | 4,439,000 | 6,242,000 | 8,872,000 |
| Noninterest expense | 8,091,000 | 17,140,000 | 25,475,000 | 34,098,000 |
| Provision for loan losses | -6,000 | 2,000 | 112,000 | 657,000 |
| Pretax income | 3,293,000 | 7,473,000 | 10,995,000 | 16,735,000 |
| Income tax | 1,079,000 | 2,582,000 | 3,880,000 | 6,022,000 |
| Net income | 2,214,000 | 4,891,000 | 7,115,000 | 10,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,464,000 | 117,212,000 | 119,472,000 | 131,054,000 |
| Total capital | 117,391,000 | 119,971,000 | 122,243,000 | 134,347,000 |
| Risk-weighted assets | 709,531,000 | 701,648,000 | 734,404,000 | 776,780,000 |