Call reports 2023
NORTHWESTERN BANK — 2023
What NORTHWESTERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Total assets | 251,911,000 | 254,812,000 | 267,746,000 |
| Total loans | 194,043,000 | 193,944,000 | 196,466,000 |
| Allowance for loan losses | 4,109,000 | 4,109,000 | 4,109,000 |
| Securities available for sale | 24,597,000 | 24,136,000 | 22,889,000 |
| Securities held to maturity | 4,428,000 | 4,270,000 | 4,161,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 213,271,000 | 207,858,000 | 204,574,000 |
| Interest-bearing deposits | 161,164,000 | 162,579,000 | 158,919,000 |
| Noninterest-bearing deposits | 52,107,000 | 45,279,000 | 45,655,000 |
| Equity capital | 31,822,000 | 32,962,000 | 33,972,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Interest income | 2,690,000 | 5,623,000 | 8,743,000 |
| Interest expense | 442,000 | 1,040,000 | 1,881,000 |
| Net interest income | 2,248,000 | 4,583,000 | 6,862,000 |
| Noninterest income | 348,000 | 846,000 | 1,578,000 |
| Noninterest expense | 1,022,000 | 2,166,000 | 3,273,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 1,574,000 | 3,263,000 | 5,167,000 |
| Income tax | 377,000 | 777,000 | 1,276,000 |
| Net income | 1,197,000 | 2,486,000 | 3,891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Tier 1 capital | 31,641,000 | 32,929,000 | 34,335,000 |