Call reports 2008
NORTHEAST SECURITY BANK — 2008
What NORTHEAST SECURITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 70,866,000 | 101,783,000 | 101,477,000 | 107,389,000 |
| Total loans | 52,740,000 | 76,984,000 | 76,616,000 | 76,671,000 |
| Allowance for loan losses | 428,000 | 631,000 | 643,000 | 1,029,000 |
| Securities available for sale | 11,140,000 | 17,623,000 | 17,677,000 | 20,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,652,000 | 77,039,000 | 76,414,000 | 83,945,000 |
| Interest-bearing deposits | 43,568,000 | 65,711,000 | 64,031,000 | 68,790,000 |
| Noninterest-bearing deposits | 9,084,000 | 11,328,000 | 12,383,000 | 15,155,000 |
| Equity capital | 7,147,000 | 10,634,000 | 10,875,000 | 10,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,137,000 | 3,119,000 | 4,707,000 | 6,208,000 |
| Interest expense | 506,000 | 1,343,000 | 1,918,000 | 2,472,000 |
| Net interest income | 631,000 | 1,776,000 | 2,789,000 | 3,736,000 |
| Noninterest income | 102,000 | 263,000 | 394,000 | 516,000 |
| Noninterest expense | 456,000 | 1,208,000 | 1,773,000 | 2,374,000 |
| Provision for loan losses | 3,000 | 18,000 | 30,000 | 415,000 |
| Pretax income | 274,000 | 813,000 | 1,380,000 | 1,462,000 |
| Income tax | 88,000 | 253,000 | 434,000 | 434,000 |
| Net income | 186,000 | 560,000 | 946,000 | 1,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,616,000 | 8,063,000 | 8,424,000 | 8,461,000 |
| Total capital | 6,044,000 | 8,694,000 | 9,067,000 | 9,477,000 |
| Risk-weighted assets | 55,016,000 | 78,987,000 | 80,371,000 | 81,268,000 |