Call reports 2024
NORTHERN STATE BANK OF THIEF RIVER FALLS — 2024
What NORTHERN STATE BANK OF THIEF RIVER FALLS 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 | 464,454,000 | 443,010,000 | 440,018,000 | 470,664,000 |
| Total loans | 191,836,000 | 190,510,000 | 196,214,000 | 194,883,000 |
| Allowance for loan losses | 2,554,000 | 2,554,000 | 2,553,000 | 2,628,000 |
| Securities available for sale | 52,239,000 | 91,634,000 | 92,431,000 | 91,503,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 418,762,000 | 395,255,000 | 389,840,000 | 423,445,000 |
| Interest-bearing deposits | 365,214,000 | 344,208,000 | 338,497,000 | 371,803,000 |
| Noninterest-bearing deposits | 53,548,000 | 51,047,000 | 51,343,000 | 51,642,000 |
| Equity capital | 44,165,000 | 46,127,000 | 48,399,000 | 46,119,000 |
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 | 5,245,000 | 11,375,000 | 17,299,000 | 23,356,000 |
| Interest expense | 2,592,000 | 5,192,000 | 7,846,000 | 10,542,000 |
| Net interest income | 2,653,000 | 6,183,000 | 9,453,000 | 12,814,000 |
| Noninterest income | 248,000 | 526,000 | 836,000 | 1,061,000 |
| Noninterest expense | 1,678,000 | 3,309,000 | 5,150,000 | 6,949,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 1,223,000 | 3,400,000 | 5,139,000 | 6,851,000 |
| Income tax | 333,000 | 642,000 | 805,000 | 805,000 |
| Net income | 890,000 | 2,758,000 | 4,334,000 | 6,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,301,000 | 46,168,000 | 47,744,000 | 45,897,000 |
| Total capital | 46,577,000 | 48,437,000 | 50,092,000 | 48,211,000 |
| Risk-weighted assets | 181,862,000 | 181,314,000 | 187,651,000 | 184,823,000 |