Call reports 2020
NORTHWAY BANK — 2020
What NORTHWAY 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 | 894,366,000 | 1,061,763,000 | 1,097,335,000 | 1,116,213,000 |
| Total loans | 640,843,000 | 705,115,000 | 741,386,000 | 732,264,000 |
| Allowance for loan losses | 7,213,000 | 7,926,000 | 8,712,000 | 9,455,000 |
| Securities available for sale | 143,700,000 | 154,067,000 | 177,065,000 | 172,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 717,227,000 | 837,605,000 | 877,108,000 | 887,978,000 |
| Interest-bearing deposits | 573,797,000 | 638,863,000 | 663,226,000 | 690,601,000 |
| Noninterest-bearing deposits | 143,430,000 | 198,742,000 | 213,882,000 | 197,377,000 |
| Equity capital | 108,287,000 | 109,854,000 | 110,801,000 | 112,586,000 |
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 | 8,101,000 | 15,910,000 | 23,704,000 | 32,045,000 |
| Interest expense | 881,000 | 1,723,000 | 2,507,000 | 3,161,000 |
| Net interest income | 7,220,000 | 14,187,000 | 21,197,000 | 28,884,000 |
| Noninterest income | 1,736,000 | 3,682,000 | 5,836,000 | 7,309,000 |
| Noninterest expense | 7,713,000 | 15,053,000 | 22,373,000 | 29,849,000 |
| Provision for loan losses | 0 | 750,000 | 1,500,000 | 2,250,000 |
| Pretax income | -1,183,000 | 1,357,000 | 3,272,000 | 6,257,000 |
| Income tax | -501,000 | 25,000 | 364,000 | 959,000 |
| Net income | -682,000 | 1,332,000 | 2,908,000 | 5,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,477,000 | 99,891,000 | 100,868,000 | 102,688,000 |
| Total capital | 105,835,000 | 107,735,000 | 108,969,000 | 110,902,000 |
| Risk-weighted assets | 611,338,000 | 627,293,000 | 647,344,000 | 655,736,000 |