Call reports 2019
NORTHERN STATE BANK — 2019
What NORTHERN STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 232,488,000 | 233,408,000 | 235,930,000 | 241,921,000 |
| Total loans | 151,525,000 | 153,570,000 | 151,785,000 | 159,992,000 |
| Allowance for loan losses | 1,250,000 | 1,282,000 | 1,284,000 | 1,390,000 |
| Securities available for sale | 61,888,000 | 58,323,000 | 52,470,000 | 48,532,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,213,000 | 210,322,000 | 212,531,000 | 218,507,000 |
| Interest-bearing deposits | 187,150,000 | 184,960,000 | 186,224,000 | 194,144,000 |
| Noninterest-bearing deposits | 23,064,000 | 25,362,000 | 26,307,000 | 24,363,000 |
| Equity capital | 21,937,000 | 22,616,000 | 22,923,000 | 23,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,197,000 | 4,418,000 | 6,698,000 | 8,972,000 |
| Interest expense | 191,000 | 389,000 | 608,000 | 846,000 |
| Net interest income | 2,006,000 | 4,029,000 | 6,090,000 | 8,126,000 |
| Noninterest income | 387,000 | 659,000 | 905,000 | 1,168,000 |
| Noninterest expense | 1,380,000 | 2,797,000 | 4,217,000 | 5,620,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 280,000 |
| Pretax income | 983,000 | 1,831,000 | 2,698,000 | 3,794,000 |
| Income tax | 10,000 | 21,000 | 31,000 | 42,000 |
| Net income | 973,000 | 1,810,000 | 2,667,000 | 3,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,314,000 | 22,552,000 | 22,708,000 | 22,993,000 |
| Total capital | 23,564,000 | 23,834,000 | 23,992,000 | 24,383,000 |
| Risk-weighted assets | 138,617,000 | 139,439,000 | 129,242,000 | 146,046,000 |