Call reports 2023
NORTHERN BANK & TRUST COMPANY — 2023
What NORTHERN BANK & TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,828,928,000 | 2,986,210,000 | 2,943,673,000 | 3,114,603,000 |
| Total loans | 2,556,967,000 | 2,586,786,000 | 2,632,779,000 | 2,737,942,000 |
| Allowance for loan losses | 47,188,000 | 47,405,000 | 48,503,000 | 50,671,000 |
| Securities available for sale | 87,211,000 | 70,362,000 | 80,980,000 | 83,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,262,021,000 | 2,426,073,000 | 2,437,984,000 | 2,553,470,000 |
| Interest-bearing deposits | 1,610,597,000 | 1,813,559,000 | 1,875,364,000 | 2,003,502,000 |
| Noninterest-bearing deposits | 651,424,000 | 612,514,000 | 562,620,000 | 549,968,000 |
| Equity capital | 416,899,000 | 423,468,000 | 430,687,000 | 435,900,000 |
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 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 44,100,000 | 89,142,000 | 139,589,000 | 196,135,000 |
| Interest expense | 10,028,000 | 23,221,000 | 39,066,000 | 57,005,000 |
| Net interest income | 34,072,000 | 65,921,000 | 100,523,000 | 139,130,000 |
| Noninterest income | 2,181,000 | 4,402,000 | 8,199,000 | 9,561,000 |
| Noninterest expense | 12,473,000 | 26,475,000 | 43,164,000 | 61,291,000 |
| Provision for loan losses | -1,475,000 | -1,300,000 | -300,000 | 3,370,000 |
| Pretax income | 25,316,000 | 45,556,000 | 66,579,000 | 84,693,000 |
| Income tax | 7,142,000 | 12,733,000 | 18,473,000 | 24,539,000 |
| Net income | 18,174,000 | 32,823,000 | 48,106,000 | 60,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 422,573,000 | 429,724,000 | 437,506,000 | 442,053,000 |
| Total capital | 457,151,000 | 465,519,000 | 472,791,000 | 478,534,000 |
| Risk-weighted assets | 2,751,654,000 | 2,850,405,000 | 2,808,394,000 | 2,902,946,000 |