Call reports 2007
GREAT NORTH BANK — 2007
What GREAT NORTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 71,904,000 | 74,441,000 | 72,278,000 | 72,614,000 |
| Total loans | 57,578,000 | 56,408,000 | 56,994,000 | 57,323,000 |
| Allowance for loan losses | 491,000 | 480,000 | 474,000 | 756,000 |
| Securities available for sale | 7,539,000 | 7,815,000 | 7,839,000 | 7,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,862,000 | 59,105,000 | 55,399,000 | 54,049,000 |
| Interest-bearing deposits | 50,529,000 | 53,284,000 | 48,263,000 | 48,210,000 |
| Noninterest-bearing deposits | 5,333,000 | 5,822,000 | 7,136,000 | 5,839,000 |
| Equity capital | 6,617,000 | 6,572,000 | 6,629,000 | 6,545,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,207,000 | 2,476,000 | 3,679,000 | 4,828,000 |
| Interest expense | 619,000 | 1,246,000 | 1,877,000 | 2,501,000 |
| Net interest income | 588,000 | 1,230,000 | 1,802,000 | 2,327,000 |
| Noninterest income | 76,000 | 158,000 | 295,000 | 420,000 |
| Noninterest expense | 556,000 | 1,131,000 | 1,690,000 | 2,221,000 |
| Provision for loan losses | 30,000 | 180,000 | 265,000 | 560,000 |
| Pretax income | 78,000 | 77,000 | 142,000 | -34,000 |
| Income tax | 15,000 | -12,000 | 0 | -102,000 |
| Net income | 63,000 | 89,000 | 142,000 | 68,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,629,000 | 6,618,000 | 6,634,000 | 6,528,000 |
| Total capital | 7,120,000 | 7,098,000 | 7,108,000 | 7,246,000 |
| Risk-weighted assets | 57,821,000 | 57,227,000 | 57,090,000 | 57,404,000 |