Call reports 2013
NORTH COUNTRY BANK — 2013
What NORTH COUNTRY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 64,150,000 | 62,608,000 | 61,790,000 | 62,637,000 |
| Total loans | 31,361,000 | 33,340,000 | 34,984,000 | 33,464,000 |
| Allowance for loan losses | 59,000 | 82,000 | 114,000 | 156,000 |
| Securities available for sale | 13,464,000 | 13,973,000 | 11,853,000 | 17,820,000 |
| Securities held to maturity | 1,277,000 | 1,182,000 | 1,153,000 | 1,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,035,000 | 55,470,000 | 54,536,000 | 55,295,000 |
| Interest-bearing deposits | 44,047,000 | 43,045,000 | 42,720,000 | 41,568,000 |
| Noninterest-bearing deposits | 11,988,000 | 12,425,000 | 11,816,000 | 13,727,000 |
| Equity capital | 7,705,000 | 7,043,000 | 7,143,000 | 7,182,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 559,000 | 1,068,000 | 1,605,000 | 2,090,000 |
| Interest expense | 45,000 | 69,000 | 105,000 | 139,000 |
| Net interest income | 514,000 | 999,000 | 1,500,000 | 1,951,000 |
| Noninterest income | 48,000 | 92,000 | 142,000 | 298,000 |
| Noninterest expense | 412,000 | 774,000 | 1,180,000 | 1,639,000 |
| Provision for loan losses | 25,000 | 48,000 | 91,000 | 144,000 |
| Pretax income | 125,000 | 269,000 | 396,000 | 491,000 |
| Income tax | 30,000 | 63,000 | 81,000 | 86,000 |
| Net income | 95,000 | 206,000 | 315,000 | 405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,176,000 | 5,406,000 | 5,579,000 | 5,724,000 |
| Total capital | 5,244,000 | 5,496,000 | 5,703,000 | 5,890,000 |
| Risk-weighted assets | 38,790,000 | 39,758,000 | 40,561,000 | 40,872,000 |