Call reports 2023
NORTHERN STATE BANK OF THIEF RIVER FALLS — 2023
What NORTHERN STATE BANK OF THIEF RIVER FALLS 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 | 450,683,000 | 433,534,000 | 448,608,000 | 469,512,000 |
| Total loans | 162,536,000 | 176,819,000 | 182,524,000 | 191,149,000 |
| Allowance for loan losses | 2,555,000 | 2,556,000 | 2,556,000 | 2,551,000 |
| Securities available for sale | 50,614,000 | 50,688,000 | 51,160,000 | 51,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,750,000 | 393,621,000 | 406,536,000 | 425,362,000 |
| Interest-bearing deposits | 354,539,000 | 336,440,000 | 351,795,000 | 368,204,000 |
| Noninterest-bearing deposits | 58,211,000 | 57,181,000 | 54,741,000 | 57,158,000 |
| Equity capital | 37,288,000 | 38,962,000 | 40,605,000 | 42,702,000 |
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 | 4,394,000 | 9,666,000 | 14,659,000 | 20,318,000 |
| Interest expense | 1,342,000 | 2,985,000 | 5,397,000 | 7,995,000 |
| Net interest income | 3,052,000 | 6,681,000 | 9,262,000 | 12,323,000 |
| Noninterest income | 1,322,000 | 1,602,000 | 1,892,000 | 2,184,000 |
| Noninterest expense | 1,612,000 | 3,258,000 | 4,905,000 | 6,766,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,762,000 | 5,025,000 | 6,249,000 | 7,741,000 |
| Income tax | 2,000 | 703,000 | 816,000 | 816,000 |
| Net income | 2,760,000 | 4,322,000 | 5,433,000 | 6,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,245,000 | 40,808,000 | 41,919,000 | 43,410,000 |
| Total capital | 41,138,000 | 42,860,000 | 44,065,000 | 45,664,000 |
| Risk-weighted assets | 150,850,000 | 163,678,000 | 171,298,000 | 180,071,000 |