Call reports 2020
NORTHERN SKY BANK — 2020
What NORTHERN SKY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 78,772,000 | 82,797,000 | 82,392,000 | 90,566,000 |
| Total loans | 45,943,000 | 49,599,000 | 47,930,000 | 44,223,000 |
| Allowance for loan losses | 430,000 | 465,000 | 465,000 | 465,000 |
| Securities available for sale | 11,105,000 | 14,399,000 | 15,043,000 | 14,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,501,000 | 68,922,000 | 69,758,000 | 77,339,000 |
| Interest-bearing deposits | 54,162,000 | 56,039,000 | 55,561,000 | 61,799,000 |
| Noninterest-bearing deposits | 12,339,000 | 12,883,000 | 14,197,000 | 15,540,000 |
| Equity capital | 12,167,000 | 12,204,000 | 12,525,000 | 12,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,573,000 | 2,322,000 | 3,043,000 |
| Interest expense | 106,000 | 206,000 | 316,000 | 418,000 |
| Net interest income | 688,000 | 1,367,000 | 2,006,000 | 2,625,000 |
| Noninterest income | 47,000 | 115,000 | 165,000 | 222,000 |
| Noninterest expense | 316,000 | 661,000 | 978,000 | 1,360,000 |
| Provision for loan losses | 115,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 304,000 | 671,000 | 1,043,000 | 1,337,000 |
| Income tax | 1,000 | 0 | 0 | 0 |
| Net income | 303,000 | 671,000 | 1,043,000 | 1,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,679,000 | 7,634,000 | 8,043,000 | 8,373,000 |
| Total capital | 8,109,000 | 8,099,000 | 8,508,000 | 8,838,000 |
| Risk-weighted assets | 46,291,000 | 46,872,000 | 46,198,000 | 43,961,000 |