Call reports 2008
NORTH SHORE BANK OF COMMERCE — 2008
What NORTH SHORE BANK OF COMMERCE 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 | 189,067,000 | 191,150,000 | 198,978,000 | 197,816,000 |
| Total loans | 148,529,000 | 154,362,000 | 156,748,000 | 159,567,000 |
| Allowance for loan losses | 837,000 | 903,000 | 963,000 | 1,024,000 |
| Securities available for sale | 20,608,000 | 19,777,000 | 19,578,000 | 19,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,038,000 | 165,890,000 | 178,349,000 | 177,181,000 |
| Interest-bearing deposits | 124,376,000 | 121,356,000 | 133,456,000 | 128,387,000 |
| Noninterest-bearing deposits | 45,661,000 | 44,534,000 | 44,893,000 | 48,794,000 |
| Equity capital | 13,452,000 | 12,922,000 | 13,196,000 | 13,729,000 |
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 | 2,807,000 | 5,533,000 | 8,305,000 | 10,996,000 |
| Interest expense | 890,000 | 1,629,000 | 2,329,000 | 2,982,000 |
| Net interest income | 1,917,000 | 3,904,000 | 5,976,000 | 8,014,000 |
| Noninterest income | 840,000 | 1,683,000 | 2,602,000 | 3,397,000 |
| Noninterest expense | 2,164,000 | 4,528,000 | 6,916,000 | 9,412,000 |
| Provision for loan losses | 60,000 | 140,000 | 200,000 | 260,000 |
| Pretax income | 533,000 | 919,000 | 1,462,000 | 1,739,000 |
| Income tax | 5,000 | 5,000 | 5,000 | 5,000 |
| Net income | 528,000 | 914,000 | 1,457,000 | 1,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,914,000 | 12,699,000 | 12,967,000 | 13,144,000 |
| Total capital | 13,751,000 | 13,602,000 | 13,930,000 | 14,168,000 |
| Risk-weighted assets | 130,832,000 | 133,065,000 | 135,920,000 | 136,661,000 |