Call reports 2020
NORTHEAST SECURITY BANK — 2020
What NORTHEAST SECURITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 290,784,000 | 316,797,000 | 319,346,000 | 334,736,000 |
| Total loans | 179,802,000 | 193,349,000 | 191,302,000 | 190,997,000 |
| Allowance for loan losses | 2,826,000 | 2,865,000 | 2,886,000 | 2,979,000 |
| Securities available for sale | 69,932,000 | 76,528,000 | 83,039,000 | 94,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,192,000 | 252,463,000 | 255,237,000 | 271,618,000 |
| Interest-bearing deposits | 174,435,000 | 192,918,000 | 195,664,000 | 204,202,000 |
| Noninterest-bearing deposits | 52,757,000 | 59,545,000 | 59,573,000 | 67,416,000 |
| Equity capital | 37,107,000 | 37,951,000 | 38,753,000 | 39,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,726,000 | 5,415,000 | 8,127,000 | 10,947,000 |
| Interest expense | 624,000 | 1,197,000 | 1,668,000 | 2,060,000 |
| Net interest income | 2,102,000 | 4,218,000 | 6,459,000 | 8,887,000 |
| Noninterest income | 387,000 | 711,000 | 1,055,000 | 1,365,000 |
| Noninterest expense | 1,483,000 | 2,910,000 | 4,449,000 | 5,947,000 |
| Provision for loan losses | 21,000 | 60,000 | 81,000 | 174,000 |
| Pretax income | 985,000 | 1,959,000 | 2,984,000 | 4,131,000 |
| Income tax | 191,000 | 378,000 | 576,000 | 802,000 |
| Net income | 794,000 | 1,581,000 | 2,408,000 | 3,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,040,000 | 33,415,000 | 34,057,000 | 34,862,000 |
| Total capital | 35,642,000 | 36,090,000 | 36,690,000 | 37,625,000 |
| Risk-weighted assets | 207,911,000 | 213,770,000 | 210,360,000 | 220,824,000 |