Call reports 2014
NORTHERN SKY BANK — 2014
What NORTHERN SKY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 64,029,000 | 62,850,000 | 59,547,000 | 64,726,000 |
| Total loans | 30,488,000 | 32,537,000 | 33,909,000 | 35,414,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 14,962,000 | 16,984,000 | 16,828,000 | 16,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,950,000 | 57,772,000 | 53,881,000 | 59,469,000 |
| Interest-bearing deposits | 46,917,000 | 46,315,000 | 43,332,000 | 46,493,000 |
| Noninterest-bearing deposits | 12,033,000 | 11,457,000 | 10,549,000 | 12,976,000 |
| Equity capital | 4,957,000 | 5,036,000 | 5,116,000 | 5,218,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 419,000 | 843,000 | 1,293,000 | 1,749,000 |
| Interest expense | 30,000 | 59,000 | 86,000 | 113,000 |
| Net interest income | 389,000 | 784,000 | 1,207,000 | 1,636,000 |
| Noninterest income | 43,000 | 93,000 | 144,000 | 193,000 |
| Noninterest expense | 289,000 | 611,000 | 917,000 | 1,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 143,000 | 266,000 | 434,000 | 537,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 142,000 | 265,000 | 433,000 | 536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,992,000 | 5,043,000 | 5,138,000 | 5,241,000 |
| Total capital | 5,376,000 | 5,403,000 | 5,479,000 | 5,561,000 |
| Risk-weighted assets | 30,876,000 | 32,808,000 | 34,274,000 | 35,953,000 |