Call reports 2020
GREAT NORTH BANK — 2020
What GREAT NORTH BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 143,072,000 | 151,260,000 | 143,245,000 | 143,194,000 |
| Total loans | 93,064,000 | 93,995,000 | 91,337,000 | 88,176,000 |
| Allowance for loan losses | 973,000 | 1,043,000 | 1,268,000 | 1,330,000 |
| Securities available for sale | 38,357,000 | 39,977,000 | 30,398,000 | 31,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,888,000 | 119,317,000 | 115,150,000 | 114,885,000 |
| Interest-bearing deposits | 104,265,000 | 101,782,000 | 96,075,000 | 96,792,000 |
| Noninterest-bearing deposits | 11,623,000 | 17,535,000 | 19,075,000 | 18,093,000 |
| Equity capital | 13,188,000 | 13,821,000 | 14,189,000 | 14,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,563,000 | 3,182,000 | 4,619,000 | 5,986,000 |
| Interest expense | 611,000 | 1,147,000 | 1,650,000 | 2,114,000 |
| Net interest income | 952,000 | 2,035,000 | 2,969,000 | 3,872,000 |
| Noninterest income | 153,000 | 323,000 | 622,000 | 842,000 |
| Noninterest expense | 1,064,000 | 2,088,000 | 3,050,000 | 3,999,000 |
| Provision for loan losses | 138,000 | 288,000 | 438,000 | 588,000 |
| Pretax income | 202,000 | 281,000 | 1,408,000 | 1,432,000 |
| Income tax | 13,000 | -17,000 | 243,000 | 210,000 |
| Net income | 189,000 | 298,000 | 1,165,000 | 1,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,949,000 | 13,058,000 | 13,925,000 | 13,982,000 |
| Total capital | 13,922,000 | 14,101,000 | 15,172,000 | 15,200,000 |
| Risk-weighted assets | 101,756,000 | 104,026,000 | 99,780,000 | 97,372,000 |