Call reports 2001
NORTHERN SKY BANK — 2001
What NORTHERN SKY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 32,808,000 | 32,103,000 | 31,696,000 | 36,217,000 |
| Total loans | 14,381,000 | 15,380,000 | 16,647,000 | 15,818,000 |
| Allowance for loan losses | 227,000 | 226,000 | 226,000 | 216,000 |
| Securities available for sale | 11,088,000 | 10,533,000 | 9,312,000 | 8,848,000 |
| Securities held to maturity | 0 | 0 | 299,000 | 298,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,333,000 | 28,792,000 | 28,186,000 | 32,799,000 |
| Interest-bearing deposits | 26,868,000 | 25,813,000 | 25,135,000 | 27,346,000 |
| Noninterest-bearing deposits | 2,465,000 | 2,979,000 | 3,051,000 | 5,453,000 |
| Equity capital | 2,960,000 | 2,844,000 | 3,025,000 | 3,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 551,000 | 1,089,000 | 1,620,000 | 2,120,000 |
| Interest expense | 290,000 | 563,000 | 807,000 | 1,021,000 |
| Net interest income | 261,000 | 526,000 | 813,000 | 1,099,000 |
| Noninterest income | 39,000 | 80,000 | 119,000 | 165,000 |
| Noninterest expense | 199,000 | 405,000 | 594,000 | 828,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 119,000 | 235,000 | 385,000 | 484,000 |
| Income tax | 41,000 | 73,000 | 71,000 | 76,000 |
| Net income | 78,000 | 162,000 | 314,000 | 408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,837,000 | 2,721,000 | 2,874,000 | 2,968,000 |
| Total capital | 3,064,000 | 2,947,000 | 3,100,000 | 3,184,000 |
| Risk-weighted assets | 18,278,000 | 19,392,000 | 20,074,000 | 19,420,000 |