Call reports 2013
NORTHERN SKY BANK — 2013
What NORTHERN SKY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 62,912,000 | 61,793,000 | 60,302,000 | 62,842,000 |
| Total loans | 29,418,000 | 29,777,000 | 33,455,000 | 35,234,000 |
| Allowance for loan losses | 387,000 | 387,000 | 387,000 | 387,000 |
| Securities available for sale | 17,611,000 | 17,761,000 | 15,820,000 | 14,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,076,000 | 57,119,000 | 51,155,000 | 57,873,000 |
| Interest-bearing deposits | 46,458,000 | 45,290,000 | 40,579,000 | 43,766,000 |
| Noninterest-bearing deposits | 11,618,000 | 11,829,000 | 10,576,000 | 14,107,000 |
| Equity capital | 4,729,000 | 4,628,000 | 4,788,000 | 4,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 410,000 | 811,000 | 1,227,000 | 1,672,000 |
| Interest expense | 33,000 | 66,000 | 99,000 | 131,000 |
| Net interest income | 377,000 | 745,000 | 1,128,000 | 1,541,000 |
| Noninterest income | 39,000 | 96,000 | 147,000 | 188,000 |
| Noninterest expense | 291,000 | 604,000 | 890,000 | 1,244,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 125,000 | 237,000 | 389,000 | 489,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 125,000 | 237,000 | 389,000 | 489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,655,000 | 4,718,000 | 4,822,000 | 4,922,000 |
| Total capital | 5,042,000 | 5,101,000 | 5,162,000 | 5,245,000 |
| Risk-weighted assets | 31,069,000 | 31,272,000 | 34,708,000 | 36,063,000 |