Call reports 2011
NORTHLAND FINANCIAL — 2011
What NORTHLAND FINANCIAL reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 162,761,000 | 165,440,000 | 166,989,000 | 176,859,000 |
| Total loans | 121,289,000 | 126,401,000 | 130,439,000 | 133,262,000 |
| Allowance for loan losses | 1,998,000 | 1,753,000 | 1,674,000 | 1,693,000 |
| Securities available for sale | 24,818,000 | 24,490,000 | 23,304,000 | 23,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,423,000 | 149,309,000 | 150,156,000 | 160,755,000 |
| Interest-bearing deposits | 131,006,000 | 132,996,000 | 133,654,000 | 137,097,000 |
| Noninterest-bearing deposits | 16,417,000 | 16,313,000 | 16,502,000 | 23,658,000 |
| Equity capital | 13,391,000 | 14,063,000 | 14,788,000 | 14,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,289,000 | 4,608,000 | 7,116,000 | 9,495,000 |
| Interest expense | 606,000 | 1,203,000 | 1,805,000 | 2,343,000 |
| Net interest income | 1,683,000 | 3,405,000 | 5,311,000 | 7,152,000 |
| Noninterest income | 159,000 | 314,000 | 424,000 | 508,000 |
| Noninterest expense | 1,265,000 | 2,648,000 | 3,923,000 | 5,293,000 |
| Provision for loan losses | 108,000 | 216,000 | 324,000 | 487,000 |
| Pretax income | 469,000 | 855,000 | 1,488,000 | 1,880,000 |
| Income tax | 18,000 | 35,000 | 55,000 | 72,000 |
| Net income | 451,000 | 820,000 | 1,433,000 | 1,808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,225,000 | 13,594,000 | 14,208,000 | 13,683,000 |
| Total capital | 14,775,000 | 15,203,000 | 15,871,000 | 15,376,000 |
| Risk-weighted assets | 123,514,000 | 128,602,000 | 132,995,000 | 135,806,000 |