Call reports 2013
NORTHLAND FINANCIAL — 2013
What NORTHLAND FINANCIAL reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 191,110,000 | 186,550,000 | 187,858,000 | 189,977,000 |
| Total loans | 136,185,000 | 142,945,000 | 147,677,000 | 145,818,000 |
| Allowance for loan losses | 1,866,000 | 1,935,000 | 2,025,000 | 1,966,000 |
| Securities available for sale | 21,329,000 | 19,950,000 | 21,195,000 | 23,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,637,000 | 168,796,000 | 169,286,000 | 173,055,000 |
| Interest-bearing deposits | 152,433,000 | 149,742,000 | 149,764,000 | 149,761,000 |
| Noninterest-bearing deposits | 21,204,000 | 19,054,000 | 19,522,000 | 23,294,000 |
| Equity capital | 15,452,000 | 15,726,000 | 16,423,000 | 15,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,280,000 | 4,527,000 | 6,882,000 | 9,290,000 |
| Interest expense | 409,000 | 804,000 | 1,184,000 | 1,565,000 |
| Net interest income | 1,871,000 | 3,723,000 | 5,698,000 | 7,725,000 |
| Noninterest income | 139,000 | 308,000 | 457,000 | 732,000 |
| Noninterest expense | 1,369,000 | 2,833,000 | 4,228,000 | 5,779,000 |
| Provision for loan losses | 78,000 | 156,000 | 234,000 | 312,000 |
| Pretax income | 563,000 | 1,042,000 | 1,693,000 | 2,366,000 |
| Income tax | 37,000 | 23,000 | 23,000 | 23,000 |
| Net income | 526,000 | 1,019,000 | 1,670,000 | 2,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,866,000 | 15,359,000 | 16,010,000 | 14,683,000 |
| Total capital | 16,610,000 | 17,188,000 | 17,903,000 | 16,557,000 |
| Risk-weighted assets | 139,388,000 | 146,248,000 | 151,280,000 | 149,799,000 |