Call reports 2020
NORTHERN STATE BANK — 2020
What NORTHERN STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 250,581,000 | 280,014,000 | 285,157,000 | 298,411,000 |
| Total loans | 157,171,000 | 165,077,000 | 162,400,000 | 154,476,000 |
| Allowance for loan losses | 1,403,000 | 1,464,000 | 1,460,000 | 1,474,000 |
| Securities available for sale | 46,719,000 | 44,736,000 | 61,291,000 | 70,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,088,000 | 254,574,000 | 259,601,000 | 273,369,000 |
| Interest-bearing deposits | 201,508,000 | 220,092,000 | 223,091,000 | 234,157,000 |
| Noninterest-bearing deposits | 24,580,000 | 34,482,000 | 36,511,000 | 39,212,000 |
| Equity capital | 24,185,000 | 25,024,000 | 25,049,000 | 24,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,255,000 | 4,847,000 | 6,923,000 | 8,894,000 |
| Interest expense | 260,000 | 499,000 | 683,000 | 860,000 |
| Net interest income | 1,995,000 | 4,348,000 | 6,240,000 | 8,034,000 |
| Noninterest income | 237,000 | 540,000 | 826,000 | 1,149,000 |
| Noninterest expense | 1,402,000 | 2,785,000 | 4,170,000 | 5,604,000 |
| Provision for loan losses | 30,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 817,000 | 2,030,000 | 2,823,000 | 3,506,000 |
| Income tax | 12,000 | 23,000 | 34,000 | 45,000 |
| Net income | 805,000 | 2,007,000 | 2,789,000 | 3,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,199,000 | 23,800,000 | 23,982,000 | 23,954,000 |
| Total capital | 24,602,000 | 25,264,000 | 25,442,000 | 25,428,000 |
| Risk-weighted assets | 135,730,000 | 152,452,000 | 145,405,000 | 150,711,000 |