Call reports 2024
NORTHEAST SECURITY BANK — 2024
What NORTHEAST SECURITY BANK 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 | 421,854,000 | 427,585,000 | 428,622,000 | 438,297,000 |
| Total loans | 244,427,000 | 248,505,000 | 253,374,000 | 258,442,000 |
| Allowance for loan losses | 4,164,000 | 4,164,000 | 4,164,000 | 4,164,000 |
| Securities available for sale | 132,184,000 | 131,059,000 | 131,029,000 | 129,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 352,860,000 | 362,154,000 | 339,469,000 | 352,572,000 |
| Interest-bearing deposits | 278,313,000 | 288,795,000 | 267,706,000 | 279,271,000 |
| Noninterest-bearing deposits | 74,547,000 | 73,359,000 | 71,763,000 | 73,301,000 |
| Equity capital | 41,023,000 | 41,700,000 | 46,391,000 | 44,667,000 |
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 | 4,156,000 | 8,417,000 | 13,073,000 | 17,637,000 |
| Interest expense | 1,843,000 | 3,752,000 | 5,594,000 | 7,430,000 |
| Net interest income | 2,313,000 | 4,665,000 | 7,479,000 | 10,207,000 |
| Noninterest income | 537,000 | 979,000 | 1,891,000 | 2,298,000 |
| Noninterest expense | 1,865,000 | 3,645,000 | 5,476,000 | 7,349,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 822,000 | 1,836,000 | 3,731,000 | 4,992,000 |
| Income tax | 140,000 | 332,000 | 606,000 | 876,000 |
| Net income | 682,000 | 1,504,000 | 3,125,000 | 4,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,627,000 | 43,229,000 | 44,629,000 | 45,488,000 |
| Total capital | 46,271,000 | 46,939,000 | 48,334,000 | 49,260,000 |
| Risk-weighted assets | 290,996,000 | 296,334,000 | 295,942,000 | 301,343,000 |