Call reports 2018
SOLUTIONS NORTH BANK — 2018
What SOLUTIONS NORTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 233,193,000 | 232,090,000 | 234,610,000 | 242,366,000 |
| Total loans | 163,735,000 | 170,892,000 | 175,957,000 | 178,577,000 |
| Allowance for loan losses | 3,322,000 | 3,727,000 | 3,806,000 | 3,293,000 |
| Securities available for sale | 40,038,000 | 44,251,000 | 40,127,000 | 40,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,489,000 | 191,401,000 | 192,342,000 | 203,333,000 |
| Interest-bearing deposits | 165,210,000 | 159,624,000 | 158,538,000 | 168,793,000 |
| Noninterest-bearing deposits | 33,279,000 | 31,777,000 | 33,804,000 | 34,540,000 |
| Equity capital | 24,864,000 | 24,850,000 | 24,728,000 | 25,302,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,283,000 | 4,666,000 | 7,217,000 | 9,855,000 |
| Interest expense | 262,000 | 563,000 | 951,000 | 1,467,000 |
| Net interest income | 2,021,000 | 4,103,000 | 6,266,000 | 8,388,000 |
| Noninterest income | 182,000 | 750,000 | 907,000 | 1,062,000 |
| Noninterest expense | 1,493,000 | 2,909,000 | 4,384,000 | 5,991,000 |
| Provision for loan losses | 78,000 | 587,000 | 662,000 | 737,000 |
| Pretax income | 655,000 | 1,368,000 | 2,160,000 | 2,755,000 |
| Income tax | 30,000 | 41,000 | 79,000 | 85,000 |
| Net income | 625,000 | 1,327,000 | 2,081,000 | 2,670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,604,000 | 24,703,000 | 24,894,000 | 25,030,000 |
| Total capital | 26,943,000 | 27,141,000 | 27,429,000 | 27,574,000 |
| Risk-weighted assets | 186,214,000 | 193,793,000 | 201,543,000 | 202,776,000 |