Call reports 2013
SOLUTIONS NORTH BANK — 2013
What SOLUTIONS NORTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 62,954,000 | 63,567,000 | 63,129,000 | 70,338,000 |
| Total loans | 24,321,000 | 23,940,000 | 23,526,000 | 26,246,000 |
| Allowance for loan losses | 496,000 | 511,000 | 526,000 | 532,000 |
| Securities available for sale | 23,504,000 | 25,758,000 | 25,689,000 | 26,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,819,000 | 57,638,000 | 57,078,000 | 64,289,000 |
| Interest-bearing deposits | 49,512,000 | 50,554,000 | 49,132,000 | 54,610,000 |
| Noninterest-bearing deposits | 7,307,000 | 7,084,000 | 7,946,000 | 9,679,000 |
| Equity capital | 6,087,000 | 5,899,000 | 6,007,000 | 6,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 396,000 | 778,000 | 1,165,000 | 1,556,000 |
| Interest expense | 18,000 | 36,000 | 50,000 | 69,000 |
| Net interest income | 378,000 | 742,000 | 1,115,000 | 1,487,000 |
| Noninterest income | 23,000 | 41,000 | 60,000 | 75,000 |
| Noninterest expense | 236,000 | 480,000 | 744,000 | 1,008,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 51,000 |
| Pretax income | 150,000 | 273,000 | 386,000 | 503,000 |
| Income tax | 2,000 | 11,000 | 11,000 | 15,000 |
| Net income | 148,000 | 262,000 | 375,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,991,000 | 6,005,000 | 6,013,000 | 6,057,000 |
| Total capital | 6,370,000 | 6,386,000 | 6,390,000 | 6,480,000 |
| Risk-weighted assets | 30,220,000 | 30,337,000 | 30,012,000 | 33,693,000 |