Call reports 2020
NORTH SHORE BANK OF COMMERCE — 2020
What NORTH SHORE BANK OF COMMERCE 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 | 278,332,000 | 360,051,000 | 360,391,000 | 362,523,000 |
| Total loans | 206,041,000 | 241,758,000 | 243,765,000 | 236,826,000 |
| Allowance for loan losses | 2,248,000 | 2,415,000 | 2,544,000 | 2,694,000 |
| Securities available for sale | 33,750,000 | 34,103,000 | 36,247,000 | 44,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,238,000 | 303,019,000 | 319,095,000 | 323,021,000 |
| Interest-bearing deposits | 152,329,000 | 169,824,000 | 179,944,000 | 184,618,000 |
| Noninterest-bearing deposits | 97,909,000 | 133,195,000 | 139,151,000 | 138,403,000 |
| Equity capital | 25,236,000 | 28,774,000 | 40,223,000 | 38,871,000 |
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 | 3,027,000 | 7,819,000 | 11,513,000 | 14,883,000 |
| Interest expense | 196,000 | 333,000 | 465,000 | 553,000 |
| Net interest income | 2,831,000 | 7,486,000 | 11,048,000 | 14,330,000 |
| Noninterest income | 1,613,000 | 4,395,000 | 7,568,000 | 10,823,000 |
| Noninterest expense | 3,620,000 | 7,982,000 | 12,385,000 | 17,716,000 |
| Provision for loan losses | 90,000 | 180,000 | 310,000 | 460,000 |
| Pretax income | 776,000 | 3,761,000 | 6,021,000 | 7,077,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 776,000 | 3,761,000 | 6,021,000 | 7,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,445,000 | 27,256,000 | 38,652,000 | 37,357,000 |
| Total capital | 27,629,000 | 29,546,000 | — | — |
| Risk-weighted assets | 174,726,000 | 183,099,000 | — | — |