Call reports 2016
NORTHERN STATE BANK — 2016
What NORTHERN STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 242,817,000 | 238,631,000 | 242,369,000 | 241,082,000 |
| Total loans | 148,418,000 | 146,727,000 | 149,456,000 | 151,092,000 |
| Allowance for loan losses | 1,209,000 | 1,236,000 | 1,278,000 | 1,206,000 |
| Securities available for sale | 76,807,000 | 74,745,000 | 78,069,000 | 73,552,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,656,000 | 217,907,000 | 221,421,000 | 221,392,000 |
| Interest-bearing deposits | 189,428,000 | 182,406,000 | 184,016,000 | 184,962,000 |
| Noninterest-bearing deposits | 33,229,000 | 35,501,000 | 37,406,000 | 36,429,000 |
| Equity capital | 19,897,000 | 20,346,000 | 20,260,000 | 19,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,865,000 | 3,754,000 | 5,666,000 | 7,582,000 |
| Interest expense | 164,000 | 302,000 | 443,000 | 580,000 |
| Net interest income | 1,701,000 | 3,452,000 | 5,223,000 | 7,002,000 |
| Noninterest income | 214,000 | 425,000 | 652,000 | 904,000 |
| Noninterest expense | 1,428,000 | 2,784,000 | 4,137,000 | 5,516,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 35,000 |
| Pretax income | 487,000 | 1,093,000 | 1,718,000 | 2,355,000 |
| Income tax | 9,000 | 16,000 | 23,000 | 31,000 |
| Net income | 478,000 | 1,077,000 | 1,695,000 | 2,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,707,000 | 19,860,000 | 19,981,000 | 20,112,000 |
| Total capital | 20,916,000 | 21,096,000 | 21,259,000 | 21,318,000 |
| Risk-weighted assets | 130,765,000 | 129,365,000 | 130,962,000 | 131,920,000 |