Call reports 2011
NORTHERN SKY BANK — 2011
What NORTHERN SKY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 52,392,000 | 53,099,000 | 50,635,000 | 56,686,000 |
| Total loans | 23,910,000 | 23,785,000 | 25,583,000 | 25,690,000 |
| Allowance for loan losses | 377,000 | 383,000 | 389,000 | 389,000 |
| Securities available for sale | 13,345,000 | 14,067,000 | 14,156,000 | 14,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,131,000 | 48,742,000 | 46,191,000 | 52,207,000 |
| Interest-bearing deposits | 39,091,000 | 40,625,000 | 37,712,000 | 41,461,000 |
| Noninterest-bearing deposits | 9,040,000 | 8,117,000 | 8,479,000 | 10,746,000 |
| Equity capital | 4,165,000 | 4,280,000 | 4,357,000 | 4,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 427,000 | 846,000 | 1,270,000 | 1,696,000 |
| Interest expense | 70,000 | 141,000 | 206,000 | 264,000 |
| Net interest income | 357,000 | 705,000 | 1,064,000 | 1,432,000 |
| Noninterest income | 41,000 | 99,000 | 144,000 | 186,000 |
| Noninterest expense | 268,000 | 572,000 | 832,000 | 1,166,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 18,000 |
| Pretax income | 124,000 | 220,000 | 358,000 | 444,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 124,000 | 220,000 | 358,000 | 444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,116,000 | 4,161,000 | 4,238,000 | 4,324,000 |
| Total capital | 4,440,000 | 4,481,000 | 4,580,000 | 4,665,000 |
| Risk-weighted assets | 25,827,000 | 25,501,000 | 27,329,000 | 27,221,000 |