Call reports 2024
NORTH SHORE BANK OF COMMERCE — 2024
What NORTH SHORE BANK OF COMMERCE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 507,816,000 | 513,012,000 | 525,553,000 | 523,596,000 |
| Total loans | 407,390,000 | 416,703,000 | 427,621,000 | 420,514,000 |
| Allowance for loan losses | 2,045,000 | 2,099,000 | 2,152,000 | 2,202,000 |
| Securities available for sale | 56,866,000 | 52,354,000 | 52,316,000 | 50,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,290,000 | 399,143,000 | 407,939,000 | 426,136,000 |
| Interest-bearing deposits | 251,497,000 | 263,011,000 | 273,441,000 | 283,967,000 |
| Noninterest-bearing deposits | 142,793,000 | 136,132,000 | 134,498,000 | 142,169,000 |
| Equity capital | 39,451,000 | 39,438,000 | 42,442,000 | 46,916,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,256,000 | 13,146,000 | 20,528,000 | 28,057,000 |
| Interest expense | 1,958,000 | 4,260,000 | 6,603,000 | 9,018,000 |
| Net interest income | 4,298,000 | 8,886,000 | 13,925,000 | 19,039,000 |
| Noninterest income | 2,069,000 | 4,389,000 | 6,969,000 | 14,663,000 |
| Noninterest expense | 5,115,000 | 10,561,000 | 16,217,000 | 21,962,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,192,000 | 2,540,000 | 4,413,000 | 11,416,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,192,000 | 2,540,000 | 4,413,000 | 11,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,993,000 | 42,843,000 | 44,228,000 | 50,084,000 |
| Total capital | — | — | 46,410,000 | — |
| Risk-weighted assets | — | — | 392,142,000 | — |