Call reports 2005
NORTHLAND FINANCIAL — 2005
What NORTHLAND FINANCIAL reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 98,617,000 | 102,049,000 | 109,952,000 | 118,723,000 |
| Total loans | 68,971,000 | 77,890,000 | 87,546,000 | 93,733,000 |
| Allowance for loan losses | 897,000 | 952,000 | 1,002,000 | 1,026,000 |
| Securities available for sale | 18,873,000 | 17,509,000 | 16,083,000 | 15,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,489,000 | 88,234,000 | 92,774,000 | 101,587,000 |
| Interest-bearing deposits | 78,264,000 | 80,526,000 | 85,135,000 | 90,751,000 |
| Noninterest-bearing deposits | 7,225,000 | 7,708,000 | 7,639,000 | 10,836,000 |
| Equity capital | 6,635,000 | 7,459,000 | 8,524,000 | 8,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,401,000 | 2,989,000 | 4,862,000 | 6,856,000 |
| Interest expense | 497,000 | 1,071,000 | 1,754,000 | 2,549,000 |
| Net interest income | 904,000 | 1,918,000 | 3,108,000 | 4,307,000 |
| Noninterest income | 106,000 | 213,000 | 331,000 | 467,000 |
| Noninterest expense | 849,000 | 1,671,000 | 2,527,000 | 3,593,000 |
| Provision for loan losses | 66,000 | 132,000 | 198,000 | 264,000 |
| Pretax income | 95,000 | 328,000 | 714,000 | 917,000 |
| Income tax | 6,000 | 19,000 | 56,000 | 63,000 |
| Net income | 89,000 | 309,000 | 658,000 | 854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,801,000 | 7,520,000 | 8,619,000 | 8,815,000 |
| Total capital | 7,698,000 | 8,472,000 | 9,621,000 | 9,841,000 |
| Risk-weighted assets | 75,716,000 | 82,584,000 | 90,327,000 | 96,988,000 |