Call reports 2024
NORTH CENTRAL BANK — 2024
What NORTH CENTRAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 151,958,000 | 158,226,000 | 158,635,000 | 149,020,000 |
| Total loans | 83,394,000 | 84,908,000 | 85,191,000 | 85,167,000 |
| Allowance for loan losses | 1,342,000 | 1,342,000 | 1,342,000 | 1,295,000 |
| Securities available for sale | 42,241,000 | 42,869,000 | 46,190,000 | 46,200,000 |
| Securities held to maturity | 20,000 | 20,000 | 20,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,592,000 | 139,431,000 | 138,194,000 | 129,379,000 |
| Interest-bearing deposits | 112,854,000 | 119,028,000 | 116,353,000 | 110,258,000 |
| Noninterest-bearing deposits | 20,738,000 | 20,403,000 | 21,841,000 | 19,121,000 |
| Equity capital | 16,043,000 | 16,275,000 | 17,955,000 | 17,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,606,000 | 3,293,000 | 5,076,000 | 6,803,000 |
| Interest expense | 523,000 | 1,053,000 | 1,658,000 | 2,220,000 |
| Net interest income | 1,083,000 | 2,240,000 | 3,418,000 | 4,583,000 |
| Noninterest income | 237,000 | 509,000 | 756,000 | 1,031,000 |
| Noninterest expense | 953,000 | 1,864,000 | 2,824,000 | 3,778,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 367,000 | 885,000 | 1,350,000 | 1,836,000 |
| Income tax | 7,000 | 14,000 | 20,000 | 25,000 |
| Net income | 360,000 | 871,000 | 1,330,000 | 1,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,932,000 | 18,217,000 | 18,507,000 | 18,971,000 |