Call reports 2019
SOLUTIONS NORTH BANK — 2019
What SOLUTIONS NORTH BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 250,272,000 | 246,724,000 | 246,751,000 | 248,611,000 |
| Total loans | 170,495,000 | 175,127,000 | 171,439,000 | 163,896,000 |
| Allowance for loan losses | 3,233,000 | 3,293,000 | 3,472,000 | 3,535,000 |
| Securities available for sale | 40,724,000 | 40,268,000 | 41,996,000 | 48,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,763,000 | 210,286,000 | 206,466,000 | 210,146,000 |
| Interest-bearing deposits | 180,493,000 | 178,832,000 | 177,295,000 | 180,950,000 |
| Noninterest-bearing deposits | 33,270,000 | 31,454,000 | 29,171,000 | 29,196,000 |
| Equity capital | 26,480,000 | 28,647,000 | 29,536,000 | 29,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,700,000 | 5,475,000 | 8,364,000 | 11,174,000 |
| Interest expense | 591,000 | 1,262,000 | 1,947,000 | 2,596,000 |
| Net interest income | 2,109,000 | 4,213,000 | 6,417,000 | 8,578,000 |
| Noninterest income | 167,000 | 317,000 | 487,000 | 301,000 |
| Noninterest expense | 1,537,000 | 2,979,000 | 4,431,000 | 5,958,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 670,000 | 1,408,000 | 2,255,000 | 2,628,000 |
| Income tax | -20,000 | 164,000 | 380,000 | 474,000 |
| Net income | 690,000 | 1,244,000 | 1,875,000 | 2,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,736,000 | 27,492,000 | 28,144,000 | 28,344,000 |
| Total capital | 28,141,000 | 29,921,000 | 30,523,000 | 30,667,000 |
| Risk-weighted assets | 191,578,000 | 193,495,000 | 189,270,000 | 184,683,000 |