Call reports 2008
GREAT NORTH BANK — 2008
What GREAT NORTH BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 74,674,000 | 72,129,000 | 71,358,000 | 72,779,000 |
| Total loans | 57,639,000 | 55,999,000 | 55,805,000 | 56,814,000 |
| Allowance for loan losses | 720,000 | 697,000 | 534,000 | 670,000 |
| Securities available for sale | 6,903,000 | 7,264,000 | 7,676,000 | 8,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,728,000 | 54,239,000 | 53,722,000 | 54,519,000 |
| Interest-bearing deposits | 51,254,000 | 48,014,000 | 47,903,000 | 49,257,000 |
| Noninterest-bearing deposits | 5,474,000 | 6,225,000 | 5,819,000 | 5,262,000 |
| Equity capital | 6,683,000 | 6,659,000 | 6,700,000 | 6,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,322,000 | 2,452,000 | 3,635,000 | 4,825,000 |
| Interest expense | 589,000 | 1,114,000 | 1,595,000 | 2,046,000 |
| Net interest income | 733,000 | 1,338,000 | 2,040,000 | 2,779,000 |
| Noninterest income | 89,000 | 175,000 | 275,000 | 319,000 |
| Noninterest expense | 582,000 | 1,138,000 | 1,771,000 | 2,386,000 |
| Provision for loan losses | 68,000 | 108,000 | 158,000 | 293,000 |
| Pretax income | 178,000 | 273,000 | 392,000 | 425,000 |
| Income tax | 46,000 | 72,000 | 98,000 | 90,000 |
| Net income | 132,000 | 201,000 | 294,000 | 335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,618,000 | 6,639,000 | 6,684,000 | 6,677,000 |
| Total capital | 7,338,000 | 7,336,000 | 7,218,000 | 7,347,000 |
| Risk-weighted assets | 58,207,000 | 57,129,000 | 56,776,000 | 57,917,000 |