Call reports 2024
GREAT NORTH BANK — 2024
What GREAT NORTH BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 156,448,000 | 172,332,000 | 173,732,000 | 178,716,000 |
| Total loans | 88,253,000 | 81,683,000 | 88,610,000 | 80,552,000 |
| Allowance for loan losses | 1,169,000 | 1,055,000 | 1,075,000 | 933,000 |
| Securities available for sale | 49,644,000 | 48,116,000 | 48,173,000 | 45,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,751,000 | 124,485,000 | 130,523,000 | 135,653,000 |
| Interest-bearing deposits | 105,812,000 | 106,421,000 | 111,787,000 | 120,012,000 |
| Noninterest-bearing deposits | 15,939,000 | 18,064,000 | 18,736,000 | 15,641,000 |
| Equity capital | 10,900,000 | 34,330,000 | 34,664,000 | 33,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,130,000 | 1,923,000 | 4,517,000 | 7,089,000 |
| Interest expense | 1,006,000 | 849,000 | 2,017,000 | 3,159,000 |
| Net interest income | 1,124,000 | 1,074,000 | 2,500,000 | 3,930,000 |
| Noninterest income | 106,000 | 90,000 | 229,000 | 917,000 |
| Noninterest expense | 1,343,000 | 913,000 | 2,610,000 | 4,858,000 |
| Provision for loan losses | 34,000 | 1,099,000 | 1,115,000 | 977,000 |
| Pretax income | 79,000 | -861,000 | -995,000 | -984,000 |
| Income tax | -7,000 | -12,000 | -12,000 | -298,000 |
| Net income | 86,000 | -849,000 | -983,000 | -686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,038,000 | 18,246,000 | 18,645,000 | 17,729,000 |
| Total capital | 17,244,000 | 19,351,000 | 19,766,000 | 18,709,000 |
| Risk-weighted assets | 111,615,000 | 103,972,000 | 105,538,000 | 99,668,000 |