Call reports 2011
GREAT NORTH BANK — 2011
What GREAT NORTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 76,849,000 | 75,799,000 | 72,868,000 | 72,182,000 |
| Total loans | 48,755,000 | 48,135,000 | 46,607,000 | 45,347,000 |
| Allowance for loan losses | 773,000 | 728,000 | 746,000 | 826,000 |
| Securities available for sale | 13,542,000 | 14,588,000 | 13,426,000 | 14,679,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,955,000 | 64,194,000 | 63,150,000 | 60,391,000 |
| Interest-bearing deposits | 58,766,000 | 56,928,000 | 54,457,000 | 53,430,000 |
| Noninterest-bearing deposits | 6,189,000 | 7,266,000 | 8,693,000 | 6,961,000 |
| Equity capital | 6,621,000 | 6,861,000 | 6,919,000 | 7,029,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 967,000 | 1,915,000 | 2,852,000 | 3,766,000 |
| Interest expense | 244,000 | 487,000 | 721,000 | 908,000 |
| Net interest income | 723,000 | 1,428,000 | 2,131,000 | 2,858,000 |
| Noninterest income | 174,000 | 266,000 | 310,000 | 499,000 |
| Noninterest expense | 719,000 | 1,463,000 | 2,133,000 | 2,792,000 |
| Provision for loan losses | 90,000 | 135,000 | 195,000 | 359,000 |
| Pretax income | 88,000 | 166,000 | 310,000 | 447,000 |
| Income tax | 13,000 | -6,000 | 23,000 | 55,000 |
| Net income | 75,000 | 172,000 | 287,000 | 392,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,704,000 | 6,801,000 | 6,811,000 | 6,883,000 |
| Total capital | 7,423,000 | 7,497,000 | 7,464,000 | 7,548,000 |
| Risk-weighted assets | 57,537,000 | 55,726,000 | 53,452,000 | 53,176,000 |