Call reports 2006
SOLUTIONS NORTH BANK — 2006
What SOLUTIONS NORTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 49,234,000 | 48,794,000 | 48,422,000 | 53,556,000 |
| Total loans | 30,301,000 | 35,193,000 | 33,563,000 | 34,775,000 |
| Allowance for loan losses | 386,000 | 343,000 | 358,000 | 355,000 |
| Securities available for sale | 13,712,000 | 8,656,000 | 9,855,000 | 9,085,000 |
| Securities held to maturity | 14,000 | 10,000 | 59,000 | 47,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,327,000 | 43,951,000 | 43,373,000 | 48,506,000 |
| Interest-bearing deposits | 39,357,000 | 38,778,000 | 37,727,000 | 41,782,000 |
| Noninterest-bearing deposits | 4,970,000 | 5,173,000 | 5,646,000 | 6,724,000 |
| Equity capital | 4,621,000 | 4,561,000 | 4,658,000 | 4,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 734,000 | 1,494,000 | 2,293,000 | 3,130,000 |
| Interest expense | 238,000 | 504,000 | 801,000 | 1,116,000 |
| Net interest income | 496,000 | 990,000 | 1,492,000 | 2,014,000 |
| Noninterest income | 26,000 | 41,000 | 60,000 | 74,000 |
| Noninterest expense | 224,000 | 461,000 | 709,000 | 997,000 |
| Provision for loan losses | 6,000 | 13,000 | 22,000 | 31,000 |
| Pretax income | 292,000 | 557,000 | 821,000 | 1,060,000 |
| Income tax | 8,000 | 22,000 | 29,000 | 35,000 |
| Net income | 284,000 | 535,000 | 792,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,572,000 | 4,518,000 | 4,580,000 | 4,618,000 |
| Total capital | 4,958,000 | 4,861,000 | 4,938,000 | 4,973,000 |
| Risk-weighted assets | 34,823,000 | 39,515,000 | 39,532,000 | 37,626,000 |