Call reports 2006
NORTHLAND FINANCIAL — 2006
What NORTHLAND FINANCIAL reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 123,088,000 | 128,116,000 | 130,222,000 | 145,077,000 |
| Total loans | 94,826,000 | 103,320,000 | 109,173,000 | 110,406,000 |
| Allowance for loan losses | 1,143,000 | 1,226,000 | 1,144,000 | 1,109,000 |
| Securities available for sale | 16,973,000 | 15,519,000 | 13,874,000 | 12,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,736,000 | 110,212,000 | 111,566,000 | 127,154,000 |
| Interest-bearing deposits | 97,497,000 | 102,013,000 | 102,846,000 | 115,561,000 |
| Noninterest-bearing deposits | 8,239,000 | 8,199,000 | 8,720,000 | 11,593,000 |
| Equity capital | 8,869,000 | 9,319,000 | 9,988,000 | 10,475,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,102,000 | 4,366,000 | 6,822,000 | 9,178,000 |
| Interest expense | 896,000 | 1,910,000 | 3,056,000 | 4,398,000 |
| Net interest income | 1,206,000 | 2,456,000 | 3,766,000 | 4,780,000 |
| Noninterest income | 176,000 | 324,000 | 457,000 | 608,000 |
| Noninterest expense | 1,020,000 | 2,040,000 | 3,090,000 | 4,017,000 |
| Provision for loan losses | 108,000 | 216,000 | 324,000 | 552,000 |
| Pretax income | 254,000 | 524,000 | 809,000 | 819,000 |
| Income tax | 18,000 | 36,000 | 46,000 | 71,000 |
| Net income | 236,000 | 488,000 | 763,000 | 748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,046,000 | 9,548,000 | 10,073,000 | 10,518,000 |
| Total capital | 10,189,000 | 10,774,000 | 11,217,000 | 11,627,000 |
| Risk-weighted assets | 97,234,000 | 103,982,000 | 109,866,000 | 113,829,000 |