Call reports 2008
NORTHERN STATE BANK — 2008
What NORTHERN STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 163,461,000 | 163,817,000 | 162,963,000 | 165,587,000 |
| Total loans | 112,443,000 | 120,545,000 | 123,368,000 | 124,665,000 |
| Allowance for loan losses | 928,000 | 939,000 | 999,000 | 1,035,000 |
| Securities available for sale | 37,776,000 | 36,987,000 | 35,243,000 | 31,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,232,000 | 145,208,000 | 146,989,000 | 151,149,000 |
| Interest-bearing deposits | 131,145,000 | 126,133,000 | 127,146,000 | 131,401,000 |
| Noninterest-bearing deposits | 18,087,000 | 19,074,000 | 19,843,000 | 19,748,000 |
| Equity capital | 13,836,000 | 13,135,000 | 13,447,000 | 14,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,632,000 | 5,092,000 | 7,544,000 | 9,931,000 |
| Interest expense | 1,033,000 | 1,850,000 | 2,626,000 | 3,383,000 |
| Net interest income | 1,599,000 | 3,242,000 | 4,918,000 | 6,548,000 |
| Noninterest income | 178,000 | 362,000 | 549,000 | 753,000 |
| Noninterest expense | 1,015,000 | 2,024,000 | 3,067,000 | 4,087,000 |
| Provision for loan losses | 8,000 | 18,000 | 78,000 | 122,000 |
| Pretax income | 756,000 | 1,564,000 | 2,324,000 | 3,094,000 |
| Income tax | -14,000 | 1,000 | 11,000 | 20,000 |
| Net income | 770,000 | 1,563,000 | 2,313,000 | 3,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,391,000 | 13,484,000 | 13,635,000 | 13,671,000 |
| Total capital | 14,319,000 | 14,423,000 | 14,634,000 | 14,706,000 |
| Risk-weighted assets | 104,379,000 | 109,285,000 | 110,550,000 | 110,955,000 |