Call reports 2018
NORTHERN STATE BANK — 2018
What NORTHERN STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 247,015,000 | 239,735,000 | 235,346,000 | 237,367,000 |
| Total loans | 154,418,000 | 152,857,000 | 155,450,000 | 153,404,000 |
| Allowance for loan losses | 1,349,000 | 1,401,000 | 1,421,000 | 1,216,000 |
| Securities available for sale | 70,702,000 | 69,149,000 | 64,969,000 | 63,415,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,454,000 | 218,881,000 | 210,934,000 | 216,135,000 |
| Interest-bearing deposits | 187,833,000 | 182,185,000 | 179,326,000 | 190,685,000 |
| Noninterest-bearing deposits | 38,621,000 | 36,696,000 | 31,608,000 | 25,450,000 |
| Equity capital | 20,175,000 | 20,356,000 | 20,364,000 | 21,036,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,081,000 | 4,203,000 | 6,381,000 | 8,577,000 |
| Interest expense | 137,000 | 282,000 | 436,000 | 611,000 |
| Net interest income | 1,944,000 | 3,921,000 | 5,945,000 | 7,966,000 |
| Noninterest income | 191,000 | 400,000 | 565,000 | 1,170,000 |
| Noninterest expense | 1,347,000 | 2,686,000 | 4,013,000 | 5,467,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | 758,000 | 1,575,000 | 2,417,000 | 3,589,000 |
| Income tax | 11,000 | 20,000 | 30,000 | 226,000 |
| Net income | 747,000 | 1,555,000 | 2,387,000 | 3,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,425,000 | 21,633,000 | 21,765,000 | 21,942,000 |
| Total capital | 22,774,000 | 23,034,000 | 23,186,000 | 23,158,000 |
| Risk-weighted assets | 144,279,000 | 141,475,000 | 142,965,000 | 140,100,000 |