Call reports 2018
NORTHEAST BANK — 2018
What NORTHEAST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,165,079,000 | 1,156,817,000 | 1,212,605,000 | 1,193,608,000 |
| Total loans | 820,823,000 | 878,807,000 | 890,347,000 | 939,946,000 |
| Allowance for loan losses | 4,691,000 | 4,807,000 | 5,288,000 | 5,308,000 |
| Securities available for sale | 88,208,000 | 86,144,000 | 79,157,000 | 78,132,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 992,591,000 | 972,098,000 | 1,031,384,000 | 1,003,873,000 |
| Interest-bearing deposits | 919,114,000 | 892,546,000 | 958,058,000 | 927,072,000 |
| Noninterest-bearing deposits | 73,477,000 | 79,552,000 | 73,326,000 | 76,801,000 |
| Equity capital | 150,218,000 | 155,698,000 | 161,089,000 | 166,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 16,501,000 | 34,465,000 | 53,240,000 | 73,564,000 |
| Interest expense | 2,825,000 | 5,836,000 | 9,643,000 | 13,757,000 |
| Net interest income | 13,676,000 | 28,629,000 | 43,597,000 | 59,807,000 |
| Noninterest income | 1,863,000 | 3,817,000 | 5,404,000 | 6,896,000 |
| Noninterest expense | 8,744,000 | 17,901,000 | 26,843,000 | 36,568,000 |
| Provision for loan losses | 364,000 | 619,000 | 1,154,000 | 1,254,000 |
| Pretax income | 6,431,000 | 13,926,000 | 20,965,000 | 28,891,000 |
| Income tax | 2,043,000 | 4,185,000 | 5,948,000 | 8,206,000 |
| Net income | 4,388,000 | 9,741,000 | 15,017,000 | 20,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 151,522,000 | 156,856,000 | 162,154,000 | 167,805,000 |
| Total capital | 156,250,000 | 161,714,000 | 167,503,000 | 173,165,000 |
| Risk-weighted assets | 817,920,000 | 869,325,000 | 872,466,000 | 919,422,000 |