Call reports 2020
NORTH STATE BANK — 2020
What NORTH STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 994,555,000 | 1,216,724,000 | 1,241,641,000 | 1,172,152,000 |
| Total loans | 816,099,000 | 944,486,000 | 1,005,655,000 | 981,416,000 |
| Allowance for loan losses | 5,157,000 | 6,478,000 | 8,420,000 | 6,518,000 |
| Securities available for sale | 1,437,000 | 1,364,000 | 1,229,000 | 1,118,000 |
| Securities held to maturity | 29,039,000 | 30,720,000 | 32,674,000 | 33,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 902,789,000 | 1,019,703,000 | 1,041,535,000 | 1,074,548,000 |
| Interest-bearing deposits | 532,850,000 | 571,620,000 | 603,295,000 | 644,189,000 |
| Noninterest-bearing deposits | 369,939,000 | 448,082,000 | 438,240,000 | 430,358,000 |
| Equity capital | 84,374,000 | 85,131,000 | 86,562,000 | 90,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,811,000 | 20,040,000 | 31,090,000 | 42,453,000 |
| Interest expense | 702,000 | 1,382,000 | 2,117,000 | 2,778,000 |
| Net interest income | 9,109,000 | 18,658,000 | 28,973,000 | 39,675,000 |
| Noninterest income | 4,141,000 | 10,486,000 | 17,597,000 | 24,918,000 |
| Noninterest expense | 9,754,000 | 20,508,000 | 32,193,000 | 41,881,000 |
| Provision for loan losses | 225,000 | 1,870,000 | 3,940,000 | 5,040,000 |
| Pretax income | 3,271,000 | 6,766,000 | 10,437,000 | 17,672,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,271,000 | 6,766,000 | 10,437,000 | 17,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,095,000 | 84,802,000 | 86,242,000 | 90,385,000 |
| Total capital | 89,252,000 | 91,280,000 | 94,662,000 | 96,903,000 |
| Risk-weighted assets | 764,020,000 | 772,743,000 | 819,838,000 | 835,697,000 |