Call reports 2011
NORTHERN STATE BANK — 2011
What NORTHERN STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 224,807,000 | 225,730,000 | 224,480,000 | 228,014,000 |
| Total loans | 134,710,000 | 139,323,000 | 140,487,000 | 140,150,000 |
| Allowance for loan losses | 1,167,000 | 1,105,000 | 1,128,000 | 1,117,000 |
| Securities available for sale | 80,147,000 | 74,464,000 | 73,070,000 | 71,407,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,885,000 | 204,597,000 | 205,179,000 | 209,054,000 |
| Interest-bearing deposits | 182,737,000 | 178,931,000 | 181,115,000 | 180,631,000 |
| Noninterest-bearing deposits | 24,148,000 | 25,666,000 | 24,064,000 | 28,423,000 |
| Equity capital | 17,664,000 | 18,664,000 | 18,890,000 | 18,840,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,198,000 | 4,370,000 | 6,562,000 | 8,713,000 |
| Interest expense | 414,000 | 763,000 | 1,094,000 | 1,409,000 |
| Net interest income | 1,784,000 | 3,607,000 | 5,468,000 | 7,304,000 |
| Noninterest income | 152,000 | 318,000 | 522,000 | 723,000 |
| Noninterest expense | 1,382,000 | 2,708,000 | 4,046,000 | 5,315,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 90,000 |
| Pretax income | 554,000 | 1,223,000 | 1,920,000 | 2,628,000 |
| Income tax | 4,000 | 12,000 | 19,000 | 50,000 |
| Net income | 550,000 | 1,211,000 | 1,901,000 | 2,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,113,000 | 17,253,000 | 17,425,000 | 17,557,000 |
| Total capital | 18,280,000 | 18,358,000 | 18,553,000 | 18,674,000 |
| Risk-weighted assets | 127,779,000 | 129,708,000 | 128,813,000 | 128,916,000 |