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 | 1,231,458,000 | 1,257,635,000 | 1,256,780,000 | 1,234,092,000 |
| Total loans | 1,034,290,000 | 1,001,055,000 | 933,446,000 | 1,001,739,000 |
| Allowance for loan losses | 8,809,000 | 9,178,000 | 9,536,000 | 9,926,000 |
| Securities available for sale | 66,318,000 | 64,918,000 | 67,580,000 | 62,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,026,887,000 | 1,027,015,000 | 1,030,131,000 | 999,126,000 |
| Interest-bearing deposits | 956,033,000 | 930,170,000 | 895,490,000 | 869,834,000 |
| Noninterest-bearing deposits | 70,854,000 | 96,845,000 | 134,641,000 | 129,292,000 |
| Equity capital | 159,525,000 | 164,739,000 | 172,551,000 | 181,962,000 |
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 | 21,087,000 | 42,931,000 | 61,415,000 | 79,770,000 |
| Interest expense | 4,766,000 | 9,226,000 | 12,718,000 | 15,685,000 |
| Net interest income | 16,321,000 | 33,705,000 | 48,697,000 | 64,085,000 |
| Noninterest income | 773,000 | 10,539,000 | 17,275,000 | 23,553,000 |
| Noninterest expense | 10,081,000 | 20,249,000 | 30,502,000 | 40,696,000 |
| Provision for loan losses | 3,489,000 | 4,394,000 | 4,770,000 | 5,135,000 |
| Pretax income | 3,611,000 | 19,734,000 | 30,833,000 | 41,925,000 |
| Income tax | 1,736,000 | 6,640,000 | 9,945,000 | 12,861,000 |
| Net income | 1,875,000 | 13,094,000 | 20,888,000 | 29,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,016,000 | 166,423,000 | 174,278,000 | 183,578,000 |
| Total capital | 184,809,000 | 190,593,000 | 198,873,000 | 208,591,000 |
| Risk-weighted assets | 1,025,154,000 | 971,777,000 | 938,649,000 | 1,024,002,000 |