Call reports 2021
NORTHEAST BANK — 2021
What NORTHEAST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,714,719,000 | 2,174,402,000 | 1,382,547,000 | 1,459,955,000 |
| Total loans | 1,109,111,000 | 1,040,624,000 | 1,074,347,000 | 1,181,184,000 |
| Allowance for loan losses | 8,820,000 | 7,313,000 | 7,166,000 | 6,040,000 |
| Securities available for sale | 60,859,000 | 59,737,000 | 58,537,000 | 57,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,314,668,000 | 1,879,541,000 | 1,104,096,000 | 1,185,737,000 |
| Interest-bearing deposits | 900,845,000 | 906,886,000 | 912,355,000 | 850,740,000 |
| Noninterest-bearing deposits | 413,823,000 | 972,655,000 | 191,741,000 | 334,997,000 |
| Equity capital | 216,862,000 | 232,390,000 | 239,507,000 | 239,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 21,161,000 | 41,287,000 | 61,548,000 | 82,936,000 |
| Interest expense | 2,557,000 | 4,580,000 | 6,043,000 | 7,377,000 |
| Net interest income | 18,604,000 | 36,707,000 | 55,505,000 | 75,559,000 |
| Noninterest income | 39,844,000 | 59,577,000 | 67,981,000 | 74,516,000 |
| Noninterest expense | 9,913,000 | 19,433,000 | 32,755,000 | 43,931,000 |
| Provision for loan losses | -211,000 | -2,137,000 | -2,363,000 | -3,432,000 |
| Pretax income | 48,647,000 | 78,899,000 | 92,984,000 | 109,414,000 |
| Income tax | 14,485,000 | 23,366,000 | 27,575,000 | 32,602,000 |
| Net income | 34,162,000 | 55,533,000 | 65,409,000 | 76,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 217,888,000 | 233,668,000 | 240,704,000 | 240,476,000 |
| Total capital | 241,833,000 | 256,115,000 | 247,935,000 | 246,582,000 |
| Risk-weighted assets | 1,034,091,000 | 1,054,591,000 | 1,092,481,000 | 1,186,190,000 |