Call reports 2023
NORTHERN TRUST COMPANY, THE — 2023
What NORTHERN TRUST COMPANY, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 150,573,124,000 | 157,816,397,000 | 145,817,444,000 | 150,251,927,000 |
| Total loans | 42,369,569,000 | 45,128,352,000 | 43,577,043,000 | 47,616,981,000 |
| Allowance for loan losses | 159,946,000 | 152,507,000 | 166,779,000 | 178,681,000 |
| Securities available for sale | 24,627,549,000 | 24,264,385,000 | 24,342,118,000 | 23,089,823,000 |
| Securities held to maturity | 24,171,442,000 | 25,418,138,000 | 24,514,950,000 | 25,636,552,000 |
| Trading assets | 719,453,000 | 1,255,045,000 | 1,626,446,000 | 332,381,000 |
| Total deposits | 41,295,907,000 | 39,497,072,000 | 41,980,319,000 | 44,464,465,000 |
| Interest-bearing deposits | 26,413,330,000 | 26,991,768,000 | 28,694,249,000 | 29,859,206,000 |
| Noninterest-bearing deposits | 14,882,577,000 | 12,505,304,000 | 13,286,070,000 | 14,605,259,000 |
| Equity capital | 11,432,183,000 | 11,473,773,000 | 11,598,582,000 | 11,588,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,454,070,000 | 3,187,897,000 | 5,121,668,000 | 7,320,017,000 |
| Interest expense | 916,953,000 | 2,131,476,000 | 3,600,812,000 | 5,323,420,000 |
| Net interest income | 537,117,000 | 1,056,421,000 | 1,520,856,000 | 1,996,597,000 |
| Noninterest income | 1,180,840,000 | 2,396,364,000 | 3,634,739,000 | 4,853,180,000 |
| Noninterest expense | 1,261,833,000 | 2,566,045,000 | 3,809,308,000 | 5,171,869,000 |
| Provision for loan losses | 18,472,000 | 11,088,000 | 25,102,000 | 38,187,000 |
| Pretax income | 448,010,000 | 894,125,000 | 1,339,715,000 | 1,483,921,000 |
| Income tax | 110,213,000 | 221,536,000 | 331,662,000 | 364,568,000 |
| Net income | 337,729,000 | 672,452,000 | 1,007,843,000 | 1,119,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,656,011,000 | 10,673,220,000 | 10,817,143,000 | 10,806,181,000 |
| Total capital | 12,271,265,000 | 12,273,402,000 | 12,432,192,000 | 12,279,332,000 |
| Risk-weighted assets | 86,548,942,000 | 88,400,792,000 | 87,712,902,000 | 88,743,984,000 |