Call reports 2019
NORTHERN SKY BANK — 2019
What NORTHERN SKY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 75,963,000 | 79,335,000 | 77,107,000 | 81,881,000 |
| Total loans | 41,056,000 | 42,229,000 | 46,062,000 | 44,055,000 |
| Allowance for loan losses | 384,000 | 0 | 15,000 | 315,000 |
| Securities available for sale | 15,924,000 | 15,312,000 | 14,670,000 | 12,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,632,000 | 67,797,000 | 64,782,000 | 69,824,000 |
| Interest-bearing deposits | 56,012,000 | 55,167,000 | 52,924,000 | 55,745,000 |
| Noninterest-bearing deposits | 13,620,000 | 12,630,000 | 11,858,000 | 14,079,000 |
| Equity capital | 6,241,000 | 11,425,000 | 11,728,000 | 11,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 622,000 | 93,000 | 795,000 | 1,777,000 |
| Interest expense | 68,000 | 11,000 | 98,000 | 231,000 |
| Net interest income | 554,000 | 82,000 | 697,000 | 1,546,000 |
| Noninterest income | 50,000 | 4,000 | 51,000 | 99,000 |
| Noninterest expense | 395,000 | 9,000 | 333,000 | 688,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 315,000 |
| Pretax income | 209,000 | 77,000 | 400,000 | 642,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 208,000 | 76,000 | 399,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,317,000 | 7,466,000 | 7,789,000 | 7,490,000 |
| Total capital | 6,701,000 | 7,466,000 | 7,804,000 | 7,805,000 |
| Risk-weighted assets | 37,808,000 | 39,574,000 | 44,512,000 | 42,589,000 |