Call reports 2023
GREAT NORTH BANK — 2023
What GREAT NORTH BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 156,202,000 | 149,114,000 | 145,719,000 | 148,985,000 |
| Total loans | 92,400,000 | 91,507,000 | 89,059,000 | 81,934,000 |
| Allowance for loan losses | 1,312,000 | 1,352,000 | 1,368,000 | 1,298,000 |
| Securities available for sale | 42,789,000 | 44,262,000 | 41,701,000 | 47,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,987,000 | 114,886,000 | 113,568,000 | 114,290,000 |
| Interest-bearing deposits | 105,733,000 | 95,742,000 | 95,894,000 | 96,021,000 |
| Noninterest-bearing deposits | 19,254,000 | 19,144,000 | 17,674,000 | 18,269,000 |
| Equity capital | 9,810,000 | 9,506,000 | 8,778,000 | 11,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,766,000 | 3,727,000 | 5,611,000 | 7,920,000 |
| Interest expense | 564,000 | 1,220,000 | 1,996,000 | 2,888,000 |
| Net interest income | 1,202,000 | 2,507,000 | 3,615,000 | 5,032,000 |
| Noninterest income | 106,000 | 228,000 | 337,000 | 488,000 |
| Noninterest expense | 1,032,000 | 2,145,000 | 3,134,000 | 4,256,000 |
| Provision for loan losses | 15,000 | 52,000 | 67,000 | 0 |
| Pretax income | 261,000 | 550,000 | 781,000 | 1,396,000 |
| Income tax | 25,000 | 55,000 | 56,000 | 155,000 |
| Net income | 236,000 | 495,000 | 725,000 | 1,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,163,000 | 15,050,000 | 15,281,000 | 15,797,000 |
| Total capital | 16,545,000 | 16,437,000 | 16,639,000 | 17,035,000 |
| Risk-weighted assets | 114,469,000 | 110,895,000 | 108,562,000 | 98,935,000 |