Call reports 2014
NORTHERN STATE BANK — 2014
What NORTHERN STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 239,588,000 | 241,190,000 | 246,455,000 | 253,661,000 |
| Total loans | 130,615,000 | 131,358,000 | 131,069,000 | 137,008,000 |
| Allowance for loan losses | 1,206,000 | 1,211,000 | 1,097,000 | 1,106,000 |
| Securities available for sale | 95,635,000 | 95,343,000 | 102,439,000 | 100,710,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,204,000 | 221,582,000 | 226,943,000 | 234,178,000 |
| Interest-bearing deposits | 189,795,000 | 186,167,000 | 188,541,000 | 193,191,000 |
| Noninterest-bearing deposits | 30,409,000 | 35,415,000 | 38,402,000 | 40,987,000 |
| Equity capital | 19,102,000 | 19,235,000 | 19,068,000 | 19,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,696,000 | 3,443,000 | 5,212,000 | 7,035,000 |
| Interest expense | 210,000 | 420,000 | 624,000 | 821,000 |
| Net interest income | 1,486,000 | 3,023,000 | 4,588,000 | 6,214,000 |
| Noninterest income | 294,000 | 551,000 | 804,000 | 1,048,000 |
| Noninterest expense | 1,072,000 | 2,427,000 | 3,847,000 | 5,239,000 |
| Provision for loan losses | 6,000 | 6,000 | 6,000 | 6,000 |
| Pretax income | 702,000 | 1,141,000 | 1,539,000 | 2,017,000 |
| Income tax | -5,000 | 2,000 | 10,000 | 17,000 |
| Net income | 707,000 | 1,139,000 | 1,529,000 | 2,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,093,000 | 19,030,000 | 19,099,000 | 19,226,000 |
| Total capital | 20,299,000 | 20,241,000 | 20,196,000 | 20,332,000 |
| Risk-weighted assets | 122,556,000 | 122,839,000 | 123,164,000 | 128,192,000 |