Call reports 2020
NORTHERN BANK & TRUST COMPANY — 2020
What NORTHERN BANK & TRUST COMPANY 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 | 2,286,522,000 | 2,689,968,000 | 2,677,239,000 | 2,581,305,000 |
| Total loans | 1,995,820,000 | 2,148,309,000 | 2,211,215,000 | 2,200,163,000 |
| Allowance for loan losses | 27,695,000 | 32,138,000 | 32,024,000 | 37,700,000 |
| Securities available for sale | 48,026,000 | 45,919,000 | 42,642,000 | 67,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,850,813,000 | 2,174,713,000 | 2,150,836,000 | 2,238,363,000 |
| Interest-bearing deposits | 1,486,742,000 | 1,677,903,000 | 1,634,533,000 | 1,659,956,000 |
| Noninterest-bearing deposits | 364,071,000 | 496,810,000 | 516,303,000 | 578,407,000 |
| Equity capital | 273,510,000 | 283,783,000 | 297,689,000 | 306,357,000 |
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 | 30,751,000 | 60,868,000 | 91,235,000 | 124,436,000 |
| Interest expense | 5,780,000 | 11,165,000 | 15,607,000 | 19,223,000 |
| Net interest income | 24,971,000 | 49,703,000 | 75,628,000 | 105,213,000 |
| Noninterest income | 2,142,000 | 4,411,000 | 7,227,000 | 10,240,000 |
| Noninterest expense | 11,045,000 | 19,810,000 | 29,114,000 | 43,748,000 |
| Provision for loan losses | 1,214,000 | 5,637,000 | 5,645,000 | 11,388,000 |
| Pretax income | 14,874,000 | 28,693,000 | 48,119,000 | 60,335,000 |
| Income tax | 4,286,000 | 8,128,000 | 13,642,000 | 16,811,000 |
| Net income | 10,588,000 | 20,565,000 | 34,477,000 | 43,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 276,644,000 | 286,620,000 | 300,532,000 | 309,581,000 |
| Total capital | 302,684,000 | 312,414,000 | 327,223,000 | 336,729,000 |
| Risk-weighted assets | 2,081,281,000 | 2,056,884,000 | 2,129,707,000 | 2,160,985,000 |