Call reports 2015
NORTHLAND FINANCIAL — 2015
What NORTHLAND FINANCIAL reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Total assets | 196,960,000 | 190,523,000 | 196,855,000 |
| Total loans | 148,894,000 | 156,066,000 | 158,255,000 |
| Allowance for loan losses | 2,089,000 | 2,078,000 | 14,000 |
| Securities available for sale | 27,545,000 | 25,527,000 | 19,802,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 178,651,000 | 168,357,000 | 170,319,000 |
| Interest-bearing deposits | 155,176,000 | 146,521,000 | 150,015,000 |
| Noninterest-bearing deposits | 23,475,000 | 21,836,000 | 20,304,000 |
| Equity capital | 16,512,000 | 17,373,000 | 23,936,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Interest income | 2,419,000 | 4,886,000 | 811,000 |
| Interest expense | 227,000 | 428,000 | 63,000 |
| Net interest income | 2,192,000 | 4,458,000 | 748,000 |
| Noninterest income | 294,000 | 539,000 | 70,000 |
| Noninterest expense | 1,622,000 | 3,151,000 | 658,000 |
| Provision for loan losses | 30,000 | 30,000 | 0 |
| Pretax income | 834,000 | 1,816,000 | 182,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 834,000 | 1,816,000 | 182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Tier 1 capital | 16,210,000 | 17,192,000 | 18,475,000 |
| Total capital | 18,095,000 | 19,153,000 | 18,489,000 |
| Risk-weighted assets | 150,619,000 | 156,789,000 | 157,744,000 |