Call reports 2004
NORBANK — 2004
What NORBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 36,521,000 | 35,364,000 | 35,751,000 | 34,812,000 |
| Total loans | 13,506,000 | 13,205,000 | 14,047,000 | 14,811,000 |
| Allowance for loan losses | 303,000 | 304,000 | 307,000 | 381,000 |
| Securities available for sale | 20,490,000 | 19,499,000 | 18,769,000 | 18,573,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,628,000 | 32,308,000 | 32,551,000 | 31,752,000 |
| Interest-bearing deposits | 24,134,000 | 24,007,000 | 23,847,000 | 23,060,000 |
| Noninterest-bearing deposits | 8,494,000 | 8,301,000 | 8,704,000 | 8,692,000 |
| Equity capital | 3,642,000 | 2,830,000 | 2,974,000 | 2,583,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 440,000 | 865,000 | 1,299,000 | 1,746,000 |
| Interest expense | 83,000 | 163,000 | 244,000 | 325,000 |
| Net interest income | 357,000 | 702,000 | 1,055,000 | 1,421,000 |
| Noninterest income | 31,000 | 55,000 | 81,000 | 103,000 |
| Noninterest expense | 230,000 | 463,000 | 702,000 | 941,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 455,000 | 710,000 | 856,000 | 906,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 42,000 |
| Net income | 449,000 | 698,000 | 838,000 | 864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,071,000 | 3,139,000 | 2,979,000 | 2,725,000 |
| Total capital | 3,273,000 | 3,329,000 | 3,182,000 | 2,933,000 |
| Risk-weighted assets | 16,040,000 | 15,078,000 | 16,113,000 | 16,497,000 |