Call reports 2020
NORTH CENTRAL BANK — 2020
What NORTH CENTRAL 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 | 119,566,000 | 136,186,000 | 134,968,000 | 130,404,000 |
| Total loans | 74,265,000 | 72,899,000 | 74,387,000 | 78,940,000 |
| Allowance for loan losses | 1,265,000 | 1,290,000 | 1,288,000 | 1,285,000 |
| Securities available for sale | 31,060,000 | 33,557,000 | 34,348,000 | 33,140,000 |
| Securities held to maturity | 550,000 | 549,000 | 549,000 | 42,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,966,000 | 108,775,000 | 106,952,000 | 101,654,000 |
| Interest-bearing deposits | 85,032,000 | 91,750,000 | 91,862,000 | 84,648,000 |
| Noninterest-bearing deposits | 12,934,000 | 17,025,000 | 15,090,000 | 17,006,000 |
| Equity capital | 16,892,000 | 18,647,000 | 19,205,000 | 19,744,000 |
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 | 1,125,000 | 2,253,000 | 3,284,000 | 4,322,000 |
| Interest expense | 134,000 | 255,000 | 369,000 | 469,000 |
| Net interest income | 991,000 | 1,998,000 | 2,915,000 | 3,853,000 |
| Noninterest income | 193,000 | 501,000 | 756,000 | 1,052,000 |
| Noninterest expense | 829,000 | 1,621,000 | 2,282,000 | 3,072,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 25,000 |
| Pretax income | 355,000 | 864,000 | 1,375,000 | 1,819,000 |
| Income tax | 5,000 | 9,000 | 14,000 | 18,000 |
| Net income | 350,000 | 855,000 | 1,361,000 | 1,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,873,000 | 15,263,000 | 15,671,000 | 16,111,000 |