Call reports 2024
NORTHERN BANK & TRUST COMPANY — 2024
What NORTHERN BANK & TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,227,695,000 | 3,311,480,000 | 3,197,155,000 | 3,226,777,000 |
| Total loans | 2,804,767,000 | 2,837,176,000 | 2,821,942,000 | 2,833,146,000 |
| Allowance for loan losses | 51,404,000 | 52,281,000 | 53,239,000 | 53,267,000 |
| Securities available for sale | 117,261,000 | 135,198,000 | 143,116,000 | 142,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,690,228,000 | 2,788,068,000 | 2,624,991,000 | 2,688,621,000 |
| Interest-bearing deposits | 2,203,699,000 | 2,296,734,000 | 2,120,184,000 | 2,203,106,000 |
| Noninterest-bearing deposits | 486,529,000 | 491,334,000 | 504,807,000 | 485,515,000 |
| Equity capital | 441,496,000 | 448,847,000 | 453,107,000 | 458,292,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 53,057,000 | 111,098,000 | 170,077,000 | 225,183,000 |
| Interest expense | 19,885,000 | 42,503,000 | 65,491,000 | 87,390,000 |
| Net interest income | 33,172,000 | 68,595,000 | 104,586,000 | 137,793,000 |
| Noninterest income | 1,719,000 | 3,151,000 | 4,754,000 | 6,315,000 |
| Noninterest expense | 15,265,000 | 30,928,000 | 49,108,000 | 68,233,000 |
| Provision for loan losses | 1,400,000 | 2,200,000 | 6,765,000 | 6,765,000 |
| Pretax income | 18,005,000 | 38,184,000 | 52,906,000 | 68,565,000 |
| Income tax | 5,022,000 | 10,553,000 | 14,298,000 | 18,385,000 |
| Net income | 12,983,000 | 27,631,000 | 38,608,000 | 50,180,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 447,535,000 | 454,684,000 | 458,160,000 | 462,234,000 |
| Total capital | 485,179,000 | 493,095,000 | 496,352,000 | 500,468,000 |
| Risk-weighted assets | 2,996,193,000 | 3,057,298,000 | 3,038,140,000 | 3,041,492,000 |