Call reports 2002
NORTHERN SKY BANK — 2002
What NORTHERN SKY BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 32,177,000 | 36,024,000 | 33,041,000 | 36,901,000 |
| Total loans | 15,323,000 | 15,209,000 | 15,752,000 | 14,888,000 |
| Allowance for loan losses | 216,000 | 216,000 | 216,000 | 216,000 |
| Securities available for sale | 9,201,000 | 9,396,000 | 9,250,000 | 9,952,000 |
| Securities held to maturity | 299,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,059,000 | 32,776,000 | 29,562,000 | 33,351,000 |
| Interest-bearing deposits | 25,789,000 | 29,699,000 | 25,918,000 | 28,147,000 |
| Noninterest-bearing deposits | 3,270,000 | 3,077,000 | 3,644,000 | 5,204,000 |
| Equity capital | 2,923,000 | 3,094,000 | 3,317,000 | 3,430,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 440,000 | 873,000 | 1,302,000 | 1,737,000 |
| Interest expense | 157,000 | 289,000 | 414,000 | 530,000 |
| Net interest income | 283,000 | 584,000 | 888,000 | 1,207,000 |
| Noninterest income | 37,000 | 81,000 | 122,000 | 174,000 |
| Noninterest expense | 194,000 | 404,000 | 612,000 | 844,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 128,000 | 272,000 | 409,000 | 548,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 128,000 | 272,000 | 409,000 | 548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,826,000 | 2,925,000 | 3,017,000 | 3,156,000 |
| Total capital | 3,042,000 | 3,141,000 | 3,233,000 | 3,372,000 |
| Risk-weighted assets | 19,327,000 | 19,676,000 | 19,461,000 | 19,642,000 |