Call reports 2018
NORTHERN SKY BANK — 2018
What NORTHERN SKY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 71,107,000 | 71,952,000 | 70,637,000 | 73,683,000 |
| Total loans | 36,490,000 | 37,317,000 | 41,074,000 | 41,505,000 |
| Allowance for loan losses | 384,000 | 384,000 | 384,000 | 384,000 |
| Securities available for sale | 17,793,000 | 19,143,000 | 18,774,000 | 17,704,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,242,000 | 65,918,000 | 63,873,000 | 67,257,000 |
| Interest-bearing deposits | 52,749,000 | 54,250,000 | 52,469,000 | 55,380,000 |
| Noninterest-bearing deposits | 12,493,000 | 11,668,000 | 11,404,000 | 11,877,000 |
| Equity capital | 5,821,000 | 5,989,000 | 6,098,000 | 6,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 548,000 | 1,121,000 | 1,717,000 | 2,347,000 |
| Interest expense | 35,000 | 74,000 | 121,000 | 179,000 |
| Net interest income | 513,000 | 1,047,000 | 1,596,000 | 2,168,000 |
| Noninterest income | 50,000 | 100,000 | 146,000 | 195,000 |
| Noninterest expense | 332,000 | 658,000 | 1,024,000 | 1,424,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 231,000 | 489,000 | 718,000 | 939,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 230,000 | 488,000 | 717,000 | 938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,014,000 | 6,195,000 | 6,346,000 | 6,519,000 |
| Total capital | 6,398,000 | 6,579,000 | 6,730,000 | 6,903,000 |
| Risk-weighted assets | 34,983,000 | 35,440,000 | 38,629,000 | 38,674,000 |