Call reports 2024
NORTHEAST BANK — 2024
What NORTHEAST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,001,015,000 | 3,132,203,000 | 3,939,898,000 | 4,083,054,000 |
| Total loans | 2,656,781,000 | 2,761,157,000 | 3,520,602,000 | 3,626,020,000 |
| Allowance for loan losses | 25,942,000 | 26,709,000 | 43,640,000 | 44,773,000 |
| Securities available for sale | 53,030,000 | 48,977,000 | 36,836,000 | 27,616,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,249,394,000 | 2,362,286,000 | 3,161,567,000 | 3,178,140,000 |
| Interest-bearing deposits | 2,106,712,000 | 2,215,559,000 | 3,011,898,000 | 3,019,138,000 |
| Noninterest-bearing deposits | 142,682,000 | 146,727,000 | 149,669,000 | 159,002,000 |
| Equity capital | 351,913,000 | 376,634,000 | 392,557,000 | 444,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 64,489,000 | 131,057,000 | 200,912,000 | 286,078,000 |
| Interest expense | 27,978,000 | 56,609,000 | 87,462,000 | 124,139,000 |
| Net interest income | 36,511,000 | 74,448,000 | 113,450,000 | 161,939,000 |
| Noninterest income | 1,651,000 | 3,757,000 | 7,682,000 | 13,753,000 |
| Noninterest expense | 16,532,000 | 33,637,000 | 51,265,000 | 70,364,000 |
| Provision for loan losses | 596,000 | 1,144,000 | 1,566,000 | 3,509,000 |
| Pretax income | 21,029,000 | 43,428,000 | 68,445,000 | 101,873,000 |
| Income tax | 7,164,000 | 14,424,000 | 22,331,000 | 33,319,000 |
| Net income | 13,865,000 | 29,004,000 | 46,114,000 | 68,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 351,796,000 | 376,462,000 | 392,137,000 | 443,763,000 |
| Total capital | 377,855,000 | 403,256,000 | 434,963,000 | 487,584,000 |
| Risk-weighted assets | 2,656,714,000 | 2,720,493,000 | 3,425,089,000 | 3,504,651,000 |