Call reports 2009
NORTHERN SKY BANK — 2009
What NORTHERN SKY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 49,552,000 | 50,234,000 | 47,485,000 | 53,648,000 |
| Total loans | 26,431,000 | 24,819,000 | 25,866,000 | 26,206,000 |
| Allowance for loan losses | 238,000 | 271,000 | 280,000 | 321,000 |
| Securities available for sale | 10,523,000 | 10,794,000 | 9,516,000 | 10,412,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,396,000 | 46,040,000 | 43,287,000 | 49,542,000 |
| Interest-bearing deposits | 37,974,000 | 39,803,000 | 37,533,000 | 39,847,000 |
| Noninterest-bearing deposits | 7,421,000 | 6,237,000 | 5,754,000 | 9,695,000 |
| Equity capital | 3,928,000 | 3,936,000 | 3,990,000 | 3,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 572,000 | 1,107,000 | 1,635,000 | 2,144,000 |
| Interest expense | 173,000 | 339,000 | 489,000 | 619,000 |
| Net interest income | 399,000 | 768,000 | 1,146,000 | 1,525,000 |
| Noninterest income | 33,000 | 79,000 | 115,000 | 149,000 |
| Noninterest expense | 259,000 | 539,000 | 800,000 | 1,187,000 |
| Provision for loan losses | 10,000 | 22,000 | 127,000 | 167,000 |
| Pretax income | 163,000 | 286,000 | 369,000 | 355,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 163,000 | 286,000 | 369,000 | 355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,770,000 | 3,785,000 | 3,820,000 | 3,806,000 |
| Total capital | 4,008,000 | 4,056,000 | 4,100,000 | 4,127,000 |
| Risk-weighted assets | 29,677,000 | 28,345,000 | 29,184,000 | 30,813,000 |