Call reports 2023
NORTHEAST BANK — 2023
What NORTHEAST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,866,479,000 | 2,869,938,000 | 2,876,461,000 | 2,968,976,000 |
| Total loans | 2,509,795,000 | 2,520,360,000 | 2,528,210,000 | 2,611,058,000 |
| Allowance for loan losses | 7,092,000 | 7,304,000 | 25,303,000 | 27,594,000 |
| Securities available for sale | 53,792,000 | 53,403,000 | 53,052,000 | 53,231,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,150,204,000 | 1,960,331,000 | 1,996,495,000 | 2,150,988,000 |
| Interest-bearing deposits | 1,973,085,000 | 1,815,448,000 | 1,846,518,000 | 2,007,546,000 |
| Noninterest-bearing deposits | 177,119,000 | 144,883,000 | 149,977,000 | 143,442,000 |
| Equity capital | 283,869,000 | 296,663,000 | 311,569,000 | 327,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 53,354,000 | 111,106,000 | 173,803,000 | 237,936,000 |
| Interest expense | 21,114,000 | 44,712,000 | 70,285,000 | 97,416,000 |
| Net interest income | 32,240,000 | 66,394,000 | 103,518,000 | 140,520,000 |
| Noninterest income | 1,264,000 | 2,491,000 | 3,237,000 | 4,778,000 |
| Noninterest expense | 13,993,000 | 30,389,000 | 45,585,000 | 61,561,000 |
| Provision for loan losses | 676,000 | 1,128,000 | 1,319,000 | 1,754,000 |
| Pretax income | 18,915,000 | 37,367,000 | 59,693,000 | 82,055,000 |
| Income tax | 6,398,000 | 12,765,000 | 19,917,000 | 28,225,000 |
| Net income | 12,517,000 | 24,602,000 | 39,776,000 | 53,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 283,944,000 | 296,830,000 | 311,700,000 | 327,336,000 |
| Total capital | 291,171,000 | 304,210,000 | 337,126,000 | 355,096,000 |
| Risk-weighted assets | 2,448,991,000 | 2,473,576,000 | 2,504,468,000 | 2,590,744,000 |