Call reports 2018

42 NORTH PRIVATE BANK — 2018

Name: 42 NORTH PRIVATE BANK — FFIEC call report 2018
Creator: 42 NORTH PRIVATE BANK

What 42 NORTH PRIVATE BANK reported to the FFIEC in 2018, quarter by quarter.

PERIOD: 2018SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/601314c3-a32c-42cc-a9ce-842777be50af/2018

Balance sheet

What the bank holds and owes at quarter end

Measure	2018Q1	2018Q2	2018Q3	2018Q4
Total assets	274,420,000	275,928,000	231,247,000	240,252,000
Total loans	232,578,000	226,572,000	193,513,000	187,457,000
Allowance for loan losses	2,332,000	1,994,000	1,909,000	2,009,000
Securities available for sale	0	0	0	0
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	185,842,000	188,866,000	145,880,000	165,138,000
Interest-bearing deposits	184,303,000	187,812,000	145,455,000	164,258,000
Noninterest-bearing deposits	1,539,000	1,054,000	425,000	880,000
Equity capital	27,117,000	26,205,000	24,853,000	21,714,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2018Q1	2018Q2	2018Q3	2018Q4
Interest income	4,099,000	7,748,000	11,105,000	14,101,000
Interest expense	880,000	1,863,000	2,909,000	3,993,000
Net interest income	3,219,000	5,885,000	8,196,000	10,108,000
Noninterest income	214,000	762,000	1,474,000	821,000
Noninterest expense	4,497,000	8,674,000	12,866,000	17,034,000
Provision for loan losses	222,000	171,000	354,000	584,000
Pretax income	-1,286,000	-2,198,000	-3,550,000	-6,689,000
Income tax	0	0	0	0
Net income	-1,286,000	-2,198,000	-3,550,000	-6,689,000

Basel measures — not reported for every quarter

Measure	2018Q1	2018Q2	2018Q3	2018Q4
Tier 1 capital	26,094,000	25,292,000	24,049,000	21,017,000
Total capital	28,623,000	27,483,000	26,155,000	23,223,000
Risk-weighted assets	232,144,000	211,894,000	194,664,000	185,882,000