Call reports 2010
NORTHERN SKY BANK — 2010
What NORTHERN SKY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 51,281,000 | 48,930,000 | 46,469,000 | 51,152,000 |
| Total loans | 23,659,000 | 22,968,000 | 24,127,000 | 24,966,000 |
| Allowance for loan losses | 336,000 | 351,000 | 366,000 | 371,000 |
| Securities available for sale | 9,842,000 | 13,217,000 | 12,085,000 | 12,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,061,000 | 44,746,000 | 42,273,000 | 46,940,000 |
| Interest-bearing deposits | 39,858,000 | 38,207,000 | 36,156,000 | 37,364,000 |
| Noninterest-bearing deposits | 7,203,000 | 6,539,000 | 6,117,000 | 9,576,000 |
| Equity capital | 4,072,000 | 4,070,000 | 4,095,000 | 4,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 475,000 | 921,000 | 1,370,000 | 1,821,000 |
| Interest expense | 108,000 | 205,000 | 289,000 | 365,000 |
| Net interest income | 367,000 | 716,000 | 1,081,000 | 1,456,000 |
| Noninterest income | 33,000 | 70,000 | 94,000 | 122,000 |
| Noninterest expense | 249,000 | 550,000 | 858,000 | 1,165,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 50,000 |
| Pretax income | 136,000 | 206,000 | 311,000 | 402,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 136,000 | 206,000 | 311,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,936,000 | 3,911,000 | 3,976,000 | 4,067,000 |
| Total capital | 4,272,000 | 4,230,000 | 4,299,000 | 4,405,000 |
| Risk-weighted assets | 27,303,000 | 25,514,000 | 26,149,000 | 27,018,000 |