Call reports 2002
NORTHERN STATE BANK — 2002
What NORTHERN STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 77,408,000 | 79,370,000 | 80,109,000 | 86,414,000 |
| Total loans | 60,834,000 | 60,749,000 | 64,723,000 | 63,558,000 |
| Allowance for loan losses | 911,000 | 911,000 | 971,000 | 953,000 |
| Securities available for sale | 10,782,000 | 11,626,000 | 11,187,000 | 14,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,971,000 | 67,041,000 | 67,901,000 | 74,828,000 |
| Interest-bearing deposits | 61,829,000 | 61,844,000 | 62,507,000 | 68,462,000 |
| Noninterest-bearing deposits | 4,142,000 | 5,197,000 | 5,394,000 | 6,366,000 |
| Equity capital | 8,917,000 | 8,978,000 | 8,964,000 | 8,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,205,000 | 2,470,000 | 3,762,000 | 5,059,000 |
| Interest expense | 571,000 | 1,163,000 | 1,727,000 | 2,293,000 |
| Net interest income | 634,000 | 1,307,000 | 2,035,000 | 2,766,000 |
| Noninterest income | 54,000 | 102,000 | 177,000 | 215,000 |
| Noninterest expense | 734,000 | 1,505,000 | 2,305,000 | 3,494,000 |
| Provision for loan losses | 69,000 | 73,000 | 172,000 | 274,000 |
| Pretax income | -115,000 | -169,000 | -265,000 | -787,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -115,000 | -169,000 | -265,000 | -787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,776,000 | 8,723,000 | 8,628,000 | 8,107,000 |
| Total capital | 9,543,000 | 9,487,000 | 9,431,000 | 8,914,000 |
| Risk-weighted assets | 61,225,000 | 60,977,000 | 64,065,000 | 64,546,000 |