Call reports 2020
NORTHERN STATE BANK OF THIEF RIVER FALLS — 2020
What NORTHERN STATE BANK OF THIEF RIVER FALLS 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 | 340,344,000 | 369,006,000 | 379,918,000 | 378,463,000 |
| Total loans | 144,727,000 | 153,107,000 | 155,959,000 | 154,535,000 |
| Allowance for loan losses | 2,405,000 | 2,409,000 | 2,414,000 | 2,414,000 |
| Securities available for sale | 109,268,000 | 98,727,000 | 88,029,000 | 86,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,366,000 | 331,082,000 | 342,376,000 | 341,293,000 |
| Interest-bearing deposits | 263,044,000 | 283,209,000 | 293,659,000 | 286,026,000 |
| Noninterest-bearing deposits | 39,322,000 | 47,873,000 | 48,717,000 | 55,267,000 |
| Equity capital | 36,486,000 | 36,401,000 | 36,185,000 | 36,347,000 |
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 | 2,595,000 | 4,762,000 | 6,902,000 | 9,259,000 |
| Interest expense | 550,000 | 920,000 | 1,241,000 | 1,523,000 |
| Net interest income | 2,045,000 | 3,842,000 | 5,661,000 | 7,736,000 |
| Noninterest income | 240,000 | 467,000 | 715,000 | 1,008,000 |
| Noninterest expense | 1,406,000 | 2,928,000 | 4,251,000 | 5,845,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 879,000 | 1,381,000 | 2,125,000 | 2,899,000 |
| Income tax | 2,000 | 6,000 | 6,000 | 6,000 |
| Net income | 877,000 | 1,375,000 | 2,119,000 | 2,893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,276,000 | 35,427,000 | 35,477,000 | 35,903,000 |
| Total capital | 37,015,000 | 37,262,000 | 37,334,000 | 37,746,000 |
| Risk-weighted assets | 138,507,000 | 146,237,000 | 148,028,000 | 146,875,000 |