Call reports 2016
NORTHERN SKY BANK — 2016
What NORTHERN SKY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,351,000 | 62,608,000 | 62,867,000 | 68,459,000 |
| Total loans | 36,040,000 | 37,776,000 | 38,164,000 | 39,820,000 |
| Allowance for loan losses | 385,000 | 385,000 | 385,000 | 385,000 |
| Securities available for sale | 13,549,000 | 14,058,000 | 12,641,000 | 13,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,623,000 | 56,810,000 | 56,988,000 | 62,695,000 |
| Interest-bearing deposits | 47,527,000 | 47,572,000 | 45,407,000 | 50,890,000 |
| Noninterest-bearing deposits | 10,096,000 | 9,238,000 | 11,581,000 | 11,805,000 |
| Equity capital | 5,686,000 | 5,765,000 | 5,833,000 | 5,729,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 959,000 | 1,462,000 | 1,969,000 |
| Interest expense | 24,000 | 48,000 | 74,000 | 101,000 |
| Net interest income | 452,000 | 911,000 | 1,388,000 | 1,868,000 |
| Noninterest income | 47,000 | 97,000 | 148,000 | 197,000 |
| Noninterest expense | 343,000 | 668,000 | 1,014,000 | 1,413,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 156,000 | 340,000 | 522,000 | 652,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 155,000 | 339,000 | 521,000 | 651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,637,000 | 5,674,000 | 5,776,000 | 5,782,000 |
| Total capital | 6,022,000 | 6,059,000 | 6,161,000 | 6,167,000 |
| Risk-weighted assets | 35,981,000 | 38,065,000 | 38,479,000 | 39,306,000 |