Call reports 2010
GREAT NORTH BANK — 2010
What GREAT NORTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 72,093,000 | 70,543,000 | 71,429,000 | 75,921,000 |
| Total loans | 54,151,000 | 54,130,000 | 53,464,000 | 50,825,000 |
| Allowance for loan losses | 769,000 | 769,000 | 819,000 | 806,000 |
| Securities available for sale | 7,241,000 | 7,179,000 | 7,020,000 | 12,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,198,000 | 56,338,000 | 55,867,000 | 62,763,000 |
| Interest-bearing deposits | 52,576,000 | 49,655,000 | 49,804,000 | 56,652,000 |
| Noninterest-bearing deposits | 5,622,000 | 6,683,000 | 6,063,000 | 6,111,000 |
| Equity capital | 6,742,000 | 6,745,000 | 6,761,000 | 6,411,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 972,000 | 1,973,000 | 2,979,000 | 3,971,000 |
| Interest expense | 234,000 | 472,000 | 703,000 | 924,000 |
| Net interest income | 738,000 | 1,501,000 | 2,276,000 | 3,047,000 |
| Noninterest income | 112,000 | 231,000 | 395,000 | 503,000 |
| Noninterest expense | 709,000 | 1,385,000 | 2,071,000 | 2,716,000 |
| Provision for loan losses | 5,000 | 55,000 | 132,000 | 239,000 |
| Pretax income | 136,000 | 292,000 | 468,000 | 345,000 |
| Income tax | 35,000 | 78,000 | 131,000 | 66,000 |
| Net income | 101,000 | 214,000 | 337,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,712,000 | 6,778,000 | 6,758,000 | 6,660,000 |
| Total capital | 7,428,000 | 7,497,000 | 7,504,000 | 7,390,000 |
| Risk-weighted assets | 58,415,000 | 58,831,000 | 59,571,000 | 59,314,000 |