Call reports 2012
SOLUTIONS NORTH BANK — 2012
What SOLUTIONS NORTH BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 61,101,000 | 62,175,000 | 59,062,000 | 68,690,000 |
| Total loans | 25,561,000 | 24,587,000 | 25,472,000 | 26,929,000 |
| Allowance for loan losses | 629,000 | 526,000 | 465,000 | 481,000 |
| Securities available for sale | 23,749,000 | 22,685,000 | 23,388,000 | 22,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,091,000 | 56,309,000 | 53,069,000 | 62,683,000 |
| Interest-bearing deposits | 47,638,000 | 47,904,000 | 45,540,000 | 52,457,000 |
| Noninterest-bearing deposits | 7,453,000 | 8,405,000 | 7,529,000 | 10,226,000 |
| Equity capital | 5,944,000 | 5,802,000 | 5,923,000 | 5,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 442,000 | 878,000 | 1,287,000 | 1,722,000 |
| Interest expense | 27,000 | 52,000 | 73,000 | 93,000 |
| Net interest income | 415,000 | 826,000 | 1,214,000 | 1,629,000 |
| Noninterest income | 22,000 | 35,000 | 51,000 | 76,000 |
| Noninterest expense | 263,000 | 514,000 | 795,000 | 1,043,000 |
| Provision for loan losses | 0 | 0 | 11,000 | 26,000 |
| Pretax income | 174,000 | 347,000 | 459,000 | 636,000 |
| Income tax | 3,000 | 14,000 | 22,000 | 24,000 |
| Net income | 171,000 | 333,000 | 437,000 | 612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,843,000 | 5,686,000 | 5,786,000 | 5,840,000 |
| Total capital | 6,225,000 | 6,047,000 | 6,165,000 | 6,256,000 |
| Risk-weighted assets | 30,495,000 | 28,675,000 | 30,235,000 | 33,239,000 |