Call reports 2023
NORTH SHORE BANK OF COMMERCE — 2023
What NORTH SHORE BANK OF COMMERCE 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 | 415,908,000 | 445,841,000 | 460,623,000 | 484,736,000 |
| Total loans | 301,960,000 | 334,968,000 | 356,173,000 | 382,196,000 |
| Allowance for loan losses | 1,992,000 | 1,992,000 | 1,992,000 | 1,985,000 |
| Securities available for sale | 64,965,000 | 62,168,000 | 59,179,000 | 59,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,734,000 | 354,310,000 | 370,588,000 | 400,171,000 |
| Interest-bearing deposits | 163,315,000 | 211,829,000 | 223,843,000 | 249,402,000 |
| Noninterest-bearing deposits | 187,419,000 | 142,481,000 | 146,745,000 | 150,769,000 |
| Equity capital | 38,168,000 | 37,648,000 | 37,371,000 | 39,706,000 |
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 | 4,345,000 | 9,267,000 | 14,927,000 | 20,796,000 |
| Interest expense | 320,000 | 1,211,000 | 2,573,000 | 4,140,000 |
| Net interest income | 4,025,000 | 8,056,000 | 12,354,000 | 16,656,000 |
| Noninterest income | 1,644,000 | 3,663,000 | 5,706,000 | 7,598,000 |
| Noninterest expense | 4,967,000 | 9,718,000 | 14,809,000 | 20,087,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 702,000 | 2,001,000 | 3,251,000 | 4,167,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 702,000 | 2,001,000 | 3,251,000 | 4,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,687,000 | 41,687,000 | 42,202,000 | 42,909,000 |