Call reports 2007
NORTHLAND FINANCIAL — 2007
What NORTHLAND FINANCIAL reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 156,056,000 | 157,437,000 | 159,684,000 | 161,244,000 |
| Total loans | 111,796,000 | 124,093,000 | 126,710,000 | 122,267,000 |
| Allowance for loan losses | 1,287,000 | 1,391,000 | 1,501,000 | 1,605,000 |
| Securities available for sale | 14,358,000 | 23,458,000 | 20,858,000 | 13,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,997,000 | 138,846,000 | 140,791,000 | 142,877,000 |
| Interest-bearing deposits | 129,159,000 | 128,833,000 | 130,715,000 | 129,659,000 |
| Noninterest-bearing deposits | 8,838,000 | 10,013,000 | 10,076,000 | 13,218,000 |
| Equity capital | 10,684,000 | 11,393,000 | 11,854,000 | 11,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,762,000 | 5,677,000 | 8,794,000 | 11,746,000 |
| Interest expense | 1,469,000 | 3,027,000 | 4,592,000 | 6,135,000 |
| Net interest income | 1,293,000 | 2,650,000 | 4,202,000 | 5,611,000 |
| Noninterest income | 240,000 | 395,000 | 549,000 | 509,000 |
| Noninterest expense | 1,209,000 | 2,349,000 | 3,570,000 | 4,754,000 |
| Provision for loan losses | 142,000 | 285,000 | 1,102,000 | 1,269,000 |
| Pretax income | 182,000 | 411,000 | 79,000 | 97,000 |
| Income tax | 11,000 | 30,000 | 16,000 | 16,000 |
| Net income | 171,000 | 381,000 | 63,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,693,000 | 11,453,000 | 11,784,000 | 11,802,000 |
| Total capital | 11,980,000 | 12,844,000 | 13,285,000 | 13,407,000 |
| Risk-weighted assets | 119,781,000 | 128,285,000 | 131,979,000 | 130,305,000 |