Call reports 2014
NORTHLAND FINANCIAL — 2014
What NORTHLAND FINANCIAL reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 195,496,000 | 200,259,000 | 196,639,000 | 194,076,000 |
| Total loans | 142,025,000 | 155,087,000 | 161,416,000 | 158,268,000 |
| Allowance for loan losses | 2,006,000 | 2,052,000 | 2,060,000 | 2,027,000 |
| Securities available for sale | 27,812,000 | 27,540,000 | 26,291,000 | 24,803,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,881,000 | 181,774,000 | 171,082,000 | 171,620,000 |
| Interest-bearing deposits | 158,427,000 | 155,560,000 | 149,579,000 | 147,069,000 |
| Noninterest-bearing deposits | 19,454,000 | 26,214,000 | 21,503,000 | 24,551,000 |
| Equity capital | 15,666,000 | 16,514,000 | 17,439,000 | 15,686,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,289,000 | 4,705,000 | 7,237,000 | 9,732,000 |
| Interest expense | 372,000 | 733,000 | 1,031,000 | 1,300,000 |
| Net interest income | 1,917,000 | 3,972,000 | 6,206,000 | 8,432,000 |
| Noninterest income | 161,000 | 374,000 | 651,000 | 892,000 |
| Noninterest expense | 1,403,000 | 2,857,000 | 4,398,000 | 6,110,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 645,000 | 1,429,000 | 2,369,000 | 3,094,000 |
| Income tax | 0 | 0 | 0 | 2,000 |
| Net income | 645,000 | 1,429,000 | 2,369,000 | 3,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,329,000 | 16,112,000 | 17,052,000 | 15,375,000 |
| Total capital | 17,161,000 | 18,101,000 | 19,108,000 | 17,402,000 |
| Risk-weighted assets | 146,402,000 | 159,039,000 | 164,500,000 | 162,255,000 |