Call reports 2001
NORTHLAND FINANCIAL — 2001
What NORTHLAND FINANCIAL reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 52,122,000 | 50,094,000 | 50,504,000 | 56,024,000 |
| Total loans | 34,542,000 | 37,125,000 | 38,751,000 | 39,314,000 |
| Allowance for loan losses | 476,000 | 505,000 | 450,000 | 505,000 |
| Securities available for sale | 8,654,000 | 8,473,000 | 8,554,000 | 9,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,315,000 | 44,111,000 | 42,095,000 | 47,466,000 |
| Interest-bearing deposits | 42,607,000 | 39,938,000 | 38,379,000 | 43,746,000 |
| Noninterest-bearing deposits | 3,708,000 | 4,173,000 | 3,716,000 | 3,720,000 |
| Equity capital | 4,538,000 | 4,725,000 | 5,067,000 | 4,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,052,000 | 2,065,000 | 3,085,000 | 4,034,000 |
| Interest expense | 501,000 | 974,000 | 1,381,000 | 1,769,000 |
| Net interest income | 551,000 | 1,091,000 | 1,704,000 | 2,265,000 |
| Noninterest income | 110,000 | 190,000 | 256,000 | 367,000 |
| Noninterest expense | 395,000 | 798,000 | 1,187,000 | 1,646,000 |
| Provision for loan losses | 45,000 | 66,000 | 93,000 | 123,000 |
| Pretax income | 221,000 | 423,000 | 689,000 | 882,000 |
| Income tax | 15,000 | 30,000 | 46,000 | 60,000 |
| Net income | 206,000 | 393,000 | 643,000 | 822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,360,000 | 4,547,000 | 4,797,000 | 4,276,000 |
| Total capital | 4,836,000 | 5,050,000 | 5,247,000 | 4,781,000 |
| Risk-weighted assets | 40,162,000 | 41,356,000 | 43,294,000 | 44,545,000 |