Call reports 2008
NORTHWAY BANK — 2008
What NORTHWAY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 679,413,000 | 715,518,000 | 716,970,000 | 719,597,000 |
| Total loans | 499,675,000 | 540,988,000 | 558,902,000 | 559,685,000 |
| Allowance for loan losses | 6,433,000 | 6,703,000 | 6,990,000 | 7,030,000 |
| Securities available for sale | 135,341,000 | 123,973,000 | 112,659,000 | 112,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 477,890,000 | 503,068,000 | 514,374,000 | 538,868,000 |
| Interest-bearing deposits | 412,983,000 | 434,239,000 | 445,357,000 | 476,476,000 |
| Noninterest-bearing deposits | 64,907,000 | 68,829,000 | 69,017,000 | 62,392,000 |
| Equity capital | 62,306,000 | 61,798,000 | 54,957,000 | 60,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,654,000 | 19,360,000 | 29,145,000 | 38,682,000 |
| Interest expense | 3,918,000 | 7,634,000 | 11,439,000 | 15,104,000 |
| Net interest income | 5,736,000 | 11,726,000 | 17,706,000 | 23,578,000 |
| Noninterest income | 1,311,000 | 2,678,000 | 3,921,000 | 5,266,000 |
| Noninterest expense | 5,334,000 | 10,792,000 | 16,164,000 | 21,671,000 |
| Provision for loan losses | 270,000 | 630,000 | 990,000 | 1,350,000 |
| Pretax income | 1,704,000 | 3,365,000 | -881,000 | -1,779,000 |
| Income tax | 329,000 | 642,000 | 336,000 | -2,204,000 |
| Net income | 1,375,000 | 2,723,000 | -1,217,000 | 425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,201,000 | 51,373,000 | 48,441,000 | 48,832,000 |
| Total capital | 55,629,000 | 57,174,000 | 54,154,000 | 54,620,000 |
| Risk-weighted assets | 433,219,000 | 463,174,000 | 455,718,000 | 461,766,000 |