Call reports 2021
NORTHERN STATE BANK — 2021
What NORTHERN STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 310,401,000 | 322,269,000 | 321,217,000 | 325,953,000 |
| Total loans | 150,207,000 | 146,827,000 | 139,802,000 | 136,715,000 |
| Allowance for loan losses | 1,424,000 | 1,425,000 | 1,425,000 | 1,373,000 |
| Securities available for sale | 68,410,000 | 75,697,000 | 66,111,000 | 74,431,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 284,570,000 | 291,450,000 | 290,760,000 | 296,125,000 |
| Interest-bearing deposits | 246,220,000 | 247,503,000 | 252,535,000 | 254,413,000 |
| Noninterest-bearing deposits | 38,350,000 | 43,947,000 | 38,225,000 | 41,712,000 |
| Equity capital | 25,128,000 | 25,149,000 | 24,992,000 | 24,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,218,000 | 4,242,000 | 6,028,000 | 7,770,000 |
| Interest expense | 150,000 | 277,000 | 399,000 | 511,000 |
| Net interest income | 2,068,000 | 3,965,000 | 5,629,000 | 7,259,000 |
| Noninterest income | 281,000 | 599,000 | 1,007,000 | 1,352,000 |
| Noninterest expense | 1,436,000 | 2,875,000 | 4,362,000 | 5,825,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 996,000 | 1,772,000 | 2,274,000 | 2,786,000 |
| Income tax | 9,000 | 14,000 | 24,000 | 34,000 |
| Net income | 987,000 | 1,758,000 | 2,250,000 | 2,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,441,000 | 24,713,000 | 24,704,000 | 24,706,000 |
| Total capital | 25,865,000 | 26,138,000 | 26,129,000 | 26,079,000 |
| Risk-weighted assets | 147,988,000 | 146,850,000 | 136,856,000 | 134,682,000 |