Call reports 2003
GREAT NORTH BANK — 2003
What GREAT NORTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 44,250,000 | 44,057,000 | 43,933,000 | 41,961,000 |
| Total loans | 32,838,000 | 34,597,000 | 34,793,000 | 33,856,000 |
| Allowance for loan losses | 346,000 | 272,000 | 344,000 | 416,000 |
| Securities available for sale | 3,948,000 | 3,149,000 | 3,086,000 | 3,442,000 |
| Securities held to maturity | 200,000 | 200,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,732,000 | 32,932,000 | 33,706,000 | 33,758,000 |
| Interest-bearing deposits | 29,785,000 | 28,697,000 | 28,914,000 | 29,608,000 |
| Noninterest-bearing deposits | 3,947,000 | 4,235,000 | 4,791,000 | 4,150,000 |
| Equity capital | 4,010,000 | 4,097,000 | 4,151,000 | 4,163,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 785,000 | 1,550,000 | 2,307,000 | 3,038,000 |
| Interest expense | 254,000 | 502,000 | 720,000 | 913,000 |
| Net interest income | 531,000 | 1,048,000 | 1,587,000 | 2,125,000 |
| Noninterest income | 71,000 | 135,000 | 206,000 | 277,000 |
| Noninterest expense | 362,000 | 716,000 | 1,091,000 | 1,504,000 |
| Provision for loan losses | 50,000 | 125,000 | 193,000 | 313,000 |
| Pretax income | 190,000 | 342,000 | 509,000 | 585,000 |
| Income tax | 62,000 | 109,000 | 162,000 | 180,000 |
| Net income | 128,000 | 233,000 | 347,000 | 405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,945,000 | 4,012,000 | 4,090,000 | 4,105,000 |
| Total capital | 4,291,000 | 4,284,000 | 4,434,000 | 4,521,000 |
| Risk-weighted assets | 32,831,000 | 34,270,000 | 33,588,000 | 33,996,000 |