Call reports 2024
NORTHERN STATE BANK OF GONVICK, THE — 2024
What NORTHERN STATE BANK OF GONVICK, THE 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 | 52,049,000 | 49,950,000 | 47,484,000 | 53,246,000 |
| Total loans | 15,461,000 | 16,183,000 | 16,310,000 | 16,505,000 |
| Allowance for loan losses | 631,000 | 614,000 | 615,000 | 611,000 |
| Securities available for sale | 7,537,000 | 9,477,000 | 9,573,000 | 9,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,284,000 | 41,837,000 | 39,039,000 | 45,248,000 |
| Interest-bearing deposits | 36,279,000 | 35,125,000 | 33,972,000 | 32,917,000 |
| Noninterest-bearing deposits | 8,005,000 | 6,712,000 | 5,067,000 | 12,331,000 |
| Equity capital | 7,601,000 | 7,886,000 | 8,226,000 | 7,788,000 |
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 | 607,000 | 1,331,000 | 1,999,000 | 2,675,000 |
| Interest expense | 231,000 | 477,000 | 717,000 | 971,000 |
| Net interest income | 376,000 | 854,000 | 1,282,000 | 1,704,000 |
| Noninterest income | 12,000 | 25,000 | 38,000 | 50,000 |
| Noninterest expense | 276,000 | 497,000 | 528,000 | 690,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 112,000 | 382,000 | 792,000 | 1,064,000 |
| Income tax | 0 | 0 | 161,000 | 161,000 |
| Net income | 112,000 | 382,000 | 631,000 | 903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,625,000 | 7,896,000 | 8,144,000 | 7,764,000 |
| Total capital | 7,805,000 | 8,087,000 | 8,337,000 | 7,959,000 |
| Risk-weighted assets | 14,004,000 | 14,920,000 | 15,058,000 | 15,235,000 |