Call reports 2005
SOLUTIONS NORTH BANK — 2005
What SOLUTIONS NORTH BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 49,941,000 | 48,253,000 | 48,412,000 | 52,816,000 |
| Total loans | 31,986,000 | 30,607,000 | 31,977,000 | 31,209,000 |
| Allowance for loan losses | 351,000 | 358,000 | 365,000 | 379,000 |
| Securities available for sale | 13,215,000 | 12,484,000 | 11,803,000 | 13,076,000 |
| Securities held to maturity | 34,000 | 29,000 | 24,000 | 20,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,393,000 | 43,751,000 | 43,733,000 | 48,013,000 |
| Interest-bearing deposits | 40,375,000 | 39,409,000 | 38,729,000 | 42,364,000 |
| Noninterest-bearing deposits | 5,018,000 | 4,342,000 | 5,004,000 | 5,649,000 |
| Equity capital | 4,350,000 | 4,294,000 | 4,400,000 | 4,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 608,000 | 1,244,000 | 1,915,000 | 2,610,000 |
| Interest expense | 152,000 | 317,000 | 500,000 | 712,000 |
| Net interest income | 456,000 | 927,000 | 1,415,000 | 1,898,000 |
| Noninterest income | 74,000 | 64,000 | 87,000 | 107,000 |
| Noninterest expense | 233,000 | 450,000 | 680,000 | 957,000 |
| Provision for loan losses | 15,000 | 21,000 | 27,000 | 33,000 |
| Pretax income | 282,000 | 520,000 | 795,000 | 1,015,000 |
| Income tax | 9,000 | 11,000 | 25,000 | 38,000 |
| Net income | 273,000 | 509,000 | 770,000 | 977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,285,000 | 4,206,000 | 4,322,000 | 4,284,000 |
| Total capital | 4,636,000 | 4,564,000 | 4,687,000 | 4,663,000 |
| Risk-weighted assets | 35,672,000 | 34,043,000 | 35,393,000 | 35,907,000 |