Call reports 2015
SOLUTIONS NORTH BANK — 2015
What SOLUTIONS NORTH BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 68,642,000 | 65,074,000 | 60,790,000 | 68,191,000 |
| Total loans | 26,535,000 | 28,150,000 | 29,112,000 | 30,898,000 |
| Allowance for loan losses | 546,000 | 552,000 | 560,000 | 575,000 |
| Securities available for sale | 34,641,000 | 28,298,000 | 23,517,000 | 23,122,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,229,000 | 58,667,000 | 54,179,000 | 61,851,000 |
| Interest-bearing deposits | 52,066,000 | 49,702,000 | 45,513,000 | 49,626,000 |
| Noninterest-bearing deposits | 10,163,000 | 8,965,000 | 8,666,000 | 12,225,000 |
| Equity capital | 6,341,000 | 6,331,000 | 6,522,000 | 6,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 454,000 | 915,000 | 1,392,000 | 1,868,000 |
| Interest expense | 16,000 | 32,000 | 47,000 | 61,000 |
| Net interest income | 438,000 | 883,000 | 1,345,000 | 1,807,000 |
| Noninterest income | 23,000 | 39,000 | 59,000 | 79,000 |
| Noninterest expense | 248,000 | 484,000 | 735,000 | 1,023,000 |
| Provision for loan losses | 3,000 | 9,000 | 17,000 | 32,000 |
| Pretax income | 210,000 | 430,000 | 653,000 | 832,000 |
| Income tax | 6,000 | 15,000 | 25,000 | 36,000 |
| Net income | 204,000 | 415,000 | 628,000 | 796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,173,000 | 6,259,000 | 6,312,000 | 6,231,000 |
| Total capital | 6,566,000 | 6,680,000 | 6,744,000 | 6,695,000 |
| Risk-weighted assets | 31,325,000 | 33,617,000 | 34,482,000 | 37,029,000 |