Call reports 2017
SOLUTIONS NORTH BANK — 2017
What SOLUTIONS NORTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 218,500,000 | 217,783,000 | 216,388,000 | 234,431,000 |
| Total loans | 155,486,000 | 162,881,000 | 166,192,000 | 166,256,000 |
| Allowance for loan losses | 3,071,000 | 3,179,000 | 3,159,000 | 3,241,000 |
| Securities available for sale | 43,938,000 | 35,752,000 | 27,956,000 | 29,981,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,100,000 | 180,103,000 | 183,945,000 | 198,097,000 |
| Interest-bearing deposits | 146,801,000 | 149,997,000 | 153,190,000 | 161,893,000 |
| Noninterest-bearing deposits | 39,299,000 | 30,106,000 | 30,755,000 | 36,204,000 |
| Equity capital | 24,828,000 | 25,273,000 | 25,405,000 | 25,066,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,139,000 | 4,376,000 | 6,614,000 | 8,913,000 |
| Interest expense | 180,000 | 352,000 | 546,000 | 778,000 |
| Net interest income | 1,959,000 | 4,024,000 | 6,068,000 | 8,135,000 |
| Noninterest income | 219,000 | 409,000 | 606,000 | 779,000 |
| Noninterest expense | 1,379,000 | 2,905,000 | 4,370,000 | 5,882,000 |
| Provision for loan losses | 90,000 | 181,000 | 240,000 | 296,000 |
| Pretax income | 728,000 | 1,418,000 | 2,185,000 | 2,883,000 |
| Income tax | 36,000 | 21,000 | 54,000 | 87,000 |
| Net income | 692,000 | 1,397,000 | 2,131,000 | 2,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,016,000 | 24,358,000 | 24,629,000 | 24,556,000 |
| Total capital | 26,186,000 | 26,621,000 | 26,913,000 | 26,975,000 |
| Risk-weighted assets | 172,754,000 | 180,134,000 | 181,869,000 | 192,752,000 |