Call reports 2023
NORTHEAST SECURITY BANK — 2023
What NORTHEAST SECURITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 427,617,000 | 428,580,000 | 425,844,000 | 444,382,000 |
| Total loans | 223,732,000 | 225,773,000 | 228,369,000 | 243,392,000 |
| Allowance for loan losses | 4,165,000 | 4,165,000 | 4,165,000 | 4,165,000 |
| Securities available for sale | 156,931,000 | 150,221,000 | 146,538,000 | 145,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 368,149,000 | 364,519,000 | 356,797,000 | 373,960,000 |
| Interest-bearing deposits | 284,972,000 | 281,776,000 | 278,513,000 | 293,320,000 |
| Noninterest-bearing deposits | 83,177,000 | 82,743,000 | 78,284,000 | 80,640,000 |
| Equity capital | 40,894,000 | 39,730,000 | 37,683,000 | 42,445,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,524,000 | 7,217,000 | 11,006,000 | 14,921,000 |
| Interest expense | 1,028,000 | 2,368,000 | 3,922,000 | 5,682,000 |
| Net interest income | 2,496,000 | 4,849,000 | 7,084,000 | 9,239,000 |
| Noninterest income | 491,000 | 899,000 | 1,320,000 | 1,685,000 |
| Noninterest expense | 1,484,000 | 3,265,000 | 5,017,000 | 6,745,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 1,512,000 | 2,493,000 | 3,397,000 | 4,189,000 |
| Income tax | 307,000 | 484,000 | 644,000 | 714,000 |
| Net income | 1,205,000 | 2,009,000 | 2,753,000 | 3,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,772,000 | 42,342,000 | 42,773,000 | 43,230,000 |
| Total capital | 45,138,000 | 45,731,000 | 46,238,000 | 47,007,000 |
| Risk-weighted assets | 268,483,000 | 270,304,000 | 276,504,000 | 301,758,000 |