Call reports 2004
NORTHERN SKY BANK — 2004
What NORTHERN SKY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 35,378,000 | 34,781,000 | 34,263,000 | 37,653,000 |
| Total loans | 15,313,000 | 16,740,000 | 18,289,000 | 18,661,000 |
| Allowance for loan losses | 213,000 | 213,000 | 213,000 | 212,000 |
| Securities available for sale | 10,732,000 | 10,663,000 | 9,876,000 | 10,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,060,000 | 31,664,000 | 30,966,000 | 34,283,000 |
| Interest-bearing deposits | 27,375,000 | 27,309,000 | 26,688,000 | 29,062,000 |
| Noninterest-bearing deposits | 4,685,000 | 4,355,000 | 4,278,000 | 5,221,000 |
| Equity capital | 3,214,000 | 3,011,000 | 3,172,000 | 3,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 359,000 | 717,000 | 1,104,000 | 1,507,000 |
| Interest expense | 81,000 | 163,000 | 251,000 | 346,000 |
| Net interest income | 278,000 | 554,000 | 853,000 | 1,161,000 |
| Noninterest income | 39,000 | 81,000 | 129,000 | 176,000 |
| Noninterest expense | 202,000 | 426,000 | 648,000 | 852,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 135,000 | 239,000 | 364,000 | 515,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 135,000 | 239,000 | 364,000 | 515,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,086,000 | 3,081,000 | 3,152,000 | 3,303,000 |
| Total capital | 3,299,000 | 3,294,000 | 3,365,000 | 3,515,000 |
| Risk-weighted assets | 19,922,000 | 20,401,000 | 21,795,000 | 22,641,000 |