Call reports 2009
NORTHLAND FINANCIAL — 2009
What NORTHLAND FINANCIAL reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 151,146,000 | 145,666,000 | 150,247,000 | 155,648,000 |
| Total loans | 119,752,000 | 120,108,000 | 121,870,000 | 124,066,000 |
| Allowance for loan losses | 1,404,000 | 1,431,000 | 1,634,000 | 1,747,000 |
| Securities available for sale | 8,608,000 | 6,299,000 | 8,227,000 | 9,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,485,000 | 128,094,000 | 133,534,000 | 139,516,000 |
| Interest-bearing deposits | 123,683,000 | 118,507,000 | 123,240,000 | 124,455,000 |
| Noninterest-bearing deposits | 10,802,000 | 9,587,000 | 10,294,000 | 15,061,000 |
| Equity capital | 12,257,000 | 12,449,000 | 12,685,000 | 12,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,390,000 | 4,737,000 | 7,120,000 | 9,543,000 |
| Interest expense | 960,000 | 1,753,000 | 2,532,000 | 3,280,000 |
| Net interest income | 1,430,000 | 2,984,000 | 4,588,000 | 6,263,000 |
| Noninterest income | 132,000 | 273,000 | 420,000 | 589,000 |
| Noninterest expense | 1,186,000 | 2,496,000 | 3,764,000 | 4,881,000 |
| Provision for loan losses | 171,000 | 362,000 | 663,000 | 1,114,000 |
| Pretax income | 205,000 | 400,000 | 582,000 | 858,000 |
| Income tax | 8,000 | 15,000 | 23,000 | 31,000 |
| Net income | 197,000 | 385,000 | 559,000 | 827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,160,000 | 12,348,000 | 12,523,000 | 12,364,000 |
| Total capital | 13,564,000 | 13,779,000 | 14,077,000 | 13,973,000 |
| Risk-weighted assets | 124,128,000 | 123,842,000 | 124,243,000 | 128,587,000 |