Call reports 2023
NORTHWAY BANK — 2023
What NORTHWAY 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 | 1,364,518,000 | 1,364,156,000 | 1,352,605,000 | 1,284,888,000 |
| Total loans | 950,254,000 | 961,383,000 | 967,238,000 | 920,895,000 |
| Allowance for loan losses | 11,092,000 | 11,103,000 | 11,122,000 | 10,696,000 |
| Securities available for sale | 290,511,000 | 281,187,000 | 261,502,000 | 246,756,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,019,790,000 | 1,068,855,000 | 1,054,870,000 | 1,001,876,000 |
| Interest-bearing deposits | 795,079,000 | 848,400,000 | 827,763,000 | 788,586,000 |
| Noninterest-bearing deposits | 224,711,000 | 220,455,000 | 227,107,000 | 213,290,000 |
| Equity capital | 86,202,000 | 84,062,000 | 75,740,000 | 89,997,000 |
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 | 11,952,000 | 24,893,000 | 38,272,000 | 51,594,000 |
| Interest expense | 2,559,000 | 6,761,000 | 10,958,000 | 15,617,000 |
| Net interest income | 9,393,000 | 18,132,000 | 27,314,000 | 35,977,000 |
| Noninterest income | 1,049,000 | 2,169,000 | 3,366,000 | 4,526,000 |
| Noninterest expense | 8,478,000 | 16,298,000 | 24,026,000 | 31,721,000 |
| Provision for loan losses | 0 | 0 | 0 | -405,000 |
| Pretax income | 1,714,000 | 3,893,000 | 6,345,000 | 7,331,000 |
| Income tax | 245,000 | 617,000 | 1,022,000 | 974,000 |
| Net income | 1,469,000 | 3,276,000 | 5,323,000 | 6,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,969,000 | 113,261,000 | 114,910,000 | 114,516,000 |
| Total capital | 122,340,000 | 123,694,000 | 125,254,000 | 124,469,000 |
| Risk-weighted assets | 828,587,000 | 833,617,000 | 826,379,000 | 795,090,000 |