Call reports 2017
NORTH ADAMS STATE BANK — 2017
What NORTH ADAMS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 34,815,000 | 33,505,000 | 35,101,000 | 37,241,000 |
| Total loans | 22,715,000 | 23,811,000 | 25,471,000 | 26,561,000 |
| Allowance for loan losses | 265,000 | 221,000 | 231,000 | 136,000 |
| Securities available for sale | 6,337,000 | 6,265,000 | 6,106,000 | 5,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,816,000 | 28,344,000 | 28,816,000 | 31,032,000 |
| Interest-bearing deposits | 22,004,000 | 21,139,000 | 21,422,000 | 22,468,000 |
| Noninterest-bearing deposits | 7,812,000 | 7,205,000 | 7,394,000 | 8,564,000 |
| Equity capital | 4,918,000 | 5,040,000 | 5,111,000 | 5,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 335,000 | 696,000 | 1,066,000 | 1,453,000 |
| Interest expense | 21,000 | 41,000 | 66,000 | 101,000 |
| Net interest income | 314,000 | 655,000 | 1,000,000 | 1,352,000 |
| Noninterest income | 40,000 | 86,000 | 127,000 | 159,000 |
| Noninterest expense | 269,000 | 537,000 | 792,000 | 1,083,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 96,000 |
| Pretax income | 85,000 | 204,000 | 325,000 | 332,000 |
| Income tax | 25,000 | 63,000 | 107,000 | 92,000 |
| Net income | 60,000 | 141,000 | 218,000 | 240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,824,000 | 4,904,000 | 4,982,000 | 5,004,000 |
| Total capital | 5,089,000 | 5,125,000 | 5,213,000 | 5,140,000 |
| Risk-weighted assets | 21,339,000 | 22,152,000 | 23,911,000 | 24,904,000 |