Call reports 2001
NORTHERN STATE BANK — 2001
What NORTHERN STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 119,517,000 | 121,740,000 | 124,165,000 | 128,176,000 |
| Total loans | 76,058,000 | 78,501,000 | 84,767,000 | 86,274,000 |
| Allowance for loan losses | 635,000 | 640,000 | 651,000 | 693,000 |
| Securities available for sale | 32,972,000 | 32,472,000 | 30,807,000 | 29,468,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,399,000 | 111,501,000 | 110,534,000 | 117,625,000 |
| Interest-bearing deposits | 94,836,000 | 96,237,000 | 96,266,000 | 100,746,000 |
| Noninterest-bearing deposits | 13,563,000 | 15,264,000 | 14,268,000 | 16,879,000 |
| Equity capital | 9,693,000 | 9,791,000 | 10,359,000 | 10,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,315,000 | 4,590,000 | 6,865,000 | 9,068,000 |
| Interest expense | 1,050,000 | 1,981,000 | 2,858,000 | 3,595,000 |
| Net interest income | 1,265,000 | 2,609,000 | 4,007,000 | 5,473,000 |
| Noninterest income | 121,000 | 273,000 | 420,000 | 564,000 |
| Noninterest expense | 801,000 | 1,590,000 | 2,432,000 | 3,285,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 113,000 |
| Pretax income | 570,000 | 1,262,000 | 1,953,000 | 2,650,000 |
| Income tax | 2,000 | 2,000 | 3,000 | -2,000 |
| Net income | 568,000 | 1,260,000 | 1,950,000 | 2,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,267,000 | 9,399,000 | 9,579,000 | 9,753,000 |
| Total capital | 9,902,000 | 10,039,000 | 10,230,000 | 10,446,000 |
| Risk-weighted assets | 92,121,000 | 81,825,000 | 83,841,000 | 84,883,000 |