Call reports 2001
SOLUTIONS NORTH BANK — 2001
What SOLUTIONS NORTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 40,278,000 | 42,068,000 | 41,032,000 | 45,796,000 |
| Total loans | 26,213,000 | 28,669,000 | 28,438,000 | 28,146,000 |
| Allowance for loan losses | 331,000 | 337,000 | 345,000 | 354,000 |
| Securities available for sale | 10,799,000 | 9,985,000 | 8,685,000 | 8,039,000 |
| Securities held to maturity | 766,000 | 693,000 | 617,000 | 538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,775,000 | 37,707,000 | 36,507,000 | 41,475,000 |
| Interest-bearing deposits | 32,629,000 | 34,145,000 | 33,045,000 | 36,816,000 |
| Noninterest-bearing deposits | 3,146,000 | 3,562,000 | 3,462,000 | 4,659,000 |
| Equity capital | 4,033,000 | 3,968,000 | 4,077,000 | 3,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 803,000 | 1,591,000 | 2,376,000 | 3,099,000 |
| Interest expense | 379,000 | 757,000 | 1,115,000 | 1,422,000 |
| Net interest income | 424,000 | 834,000 | 1,261,000 | 1,677,000 |
| Noninterest income | 24,000 | 42,000 | 60,000 | 84,000 |
| Noninterest expense | 188,000 | 388,000 | 580,000 | 859,000 |
| Provision for loan losses | 3,000 | 9,000 | 16,000 | 24,000 |
| Pretax income | 257,000 | 479,000 | 725,000 | 878,000 |
| Income tax | 9,000 | 21,000 | 33,000 | 39,000 |
| Net income | 248,000 | 458,000 | 692,000 | 839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,568,000 | 3,495,000 | 3,545,000 | 3,447,000 |
| Total capital | 3,899,000 | 3,832,000 | 3,890,000 | 3,801,000 |
| Risk-weighted assets | 28,680,000 | 30,484,000 | 30,570,000 | 30,534,000 |