Call reports 2007
NORTHERN SKY BANK — 2007
What NORTHERN SKY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 39,554,000 | 38,340,000 | 39,167,000 | 45,512,000 |
| Total loans | 20,703,000 | 22,172,000 | 24,304,000 | 23,271,000 |
| Allowance for loan losses | 210,000 | 210,000 | 211,000 | 211,000 |
| Securities available for sale | 9,785,000 | 10,176,000 | 9,166,000 | 13,873,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,929,000 | 34,625,000 | 35,253,000 | 41,418,000 |
| Interest-bearing deposits | 31,457,000 | 30,565,000 | 30,367,000 | 34,473,000 |
| Noninterest-bearing deposits | 4,472,000 | 4,060,000 | 4,886,000 | 6,945,000 |
| Equity capital | 3,314,000 | 3,383,000 | 3,556,000 | 3,761,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 582,000 | 1,187,000 | 1,809,000 | 2,452,000 |
| Interest expense | 243,000 | 499,000 | 754,000 | 1,013,000 |
| Net interest income | 339,000 | 688,000 | 1,055,000 | 1,439,000 |
| Noninterest income | 36,000 | 75,000 | 111,000 | 154,000 |
| Noninterest expense | 241,000 | 472,000 | 707,000 | 982,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 134,000 | 291,000 | 459,000 | 611,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 134,000 | 291,000 | 459,000 | 611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,355,000 | 3,437,000 | 3,529,000 | 3,680,000 |
| Total capital | 3,565,000 | 3,647,000 | 3,740,000 | 3,891,000 |
| Risk-weighted assets | 24,163,000 | 25,189,000 | 26,874,000 | 27,200,000 |