Call reports 2008
AMERICAN ENTERPRISE BANK — 2008
What AMERICAN ENTERPRISE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 354,154,000 | 356,584,000 | 356,797,000 | 389,128,000 |
| Total loans | 270,162,000 | 271,682,000 | 272,141,000 | 299,192,000 |
| Allowance for loan losses | 1,714,000 | 1,737,000 | 2,117,000 | 2,883,000 |
| Securities available for sale | 58,398,000 | 56,239,000 | 55,926,000 | 58,039,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 306,628,000 | 305,844,000 | 305,319,000 | 337,539,000 |
| Interest-bearing deposits | 288,056,000 | 285,160,000 | 280,924,000 | 317,444,000 |
| Noninterest-bearing deposits | 18,573,000 | 20,683,000 | 24,395,000 | 20,096,000 |
| Equity capital | 28,303,000 | 28,264,000 | 28,828,000 | 29,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,586,000 | 10,545,000 | 15,636,000 | 20,564,000 |
| Interest expense | 3,508,000 | 6,488,000 | 9,016,000 | 11,662,000 |
| Net interest income | 2,078,000 | 4,057,000 | 6,620,000 | 8,902,000 |
| Noninterest income | 756,000 | 1,801,000 | 2,368,000 | 2,863,000 |
| Noninterest expense | 2,155,000 | 4,319,000 | 6,669,000 | 8,896,000 |
| Provision for loan losses | 388,000 | 638,000 | 1,198,000 | 3,787,000 |
| Pretax income | 580,000 | 1,222,000 | 1,442,000 | -448,000 |
| Income tax | 0 | 2,000 | 4,000 | 4,000 |
| Net income | 580,000 | 1,220,000 | 1,438,000 | -452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,762,000 | 28,327,000 | 28,412,000 | 28,331,000 |
| Total capital | 28,476,000 | 30,064,000 | 30,529,000 | 31,214,000 |
| Risk-weighted assets | 281,607,000 | 286,059,000 | 292,303,000 | 310,192,000 |