Call reports 2006
ALERUS FINANCIAL, NATIONAL ASSOCIATION — 2006
What ALERUS FINANCIAL, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 656,822,000 | 712,279,000 | 697,860,000 | 709,825,000 |
| Total loans | 492,342,000 | 524,633,000 | 516,994,000 | 523,807,000 |
| Allowance for loan losses | 5,700,000 | 5,958,000 | 6,214,000 | 5,823,000 |
| Securities available for sale | 95,957,000 | 93,593,000 | 92,669,000 | 90,528,000 |
| Securities held to maturity | 17,202,000 | 17,086,000 | 17,069,000 | 20,890,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 564,033,000 | 578,014,000 | 588,439,000 | 603,317,000 |
| Interest-bearing deposits | 537,517,000 | 543,533,000 | 554,130,000 | 563,293,000 |
| Noninterest-bearing deposits | 26,516,000 | 34,481,000 | 34,309,000 | 40,024,000 |
| Equity capital | 57,565,000 | 58,185,000 | 62,333,000 | 60,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 10,193,000 | 21,190,000 | 32,996,000 | 44,516,000 |
| Interest expense | 4,131,000 | 8,886,000 | 14,450,000 | 19,697,000 |
| Net interest income | 6,062,000 | 12,304,000 | 18,546,000 | 24,819,000 |
| Noninterest income | 6,898,000 | 12,682,000 | 18,655,000 | 25,159,000 |
| Noninterest expense | 8,350,000 | 16,315,000 | 24,936,000 | 33,662,000 |
| Provision for loan losses | 253,000 | 506,000 | 758,000 | 5,675,000 |
| Pretax income | 4,357,000 | 8,058,000 | 11,400,000 | 10,534,000 |
| Income tax | 1,579,000 | 2,768,000 | 3,068,000 | 2,670,000 |
| Net income | 2,778,000 | 5,290,000 | 8,332,000 | 7,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,753,000 | 55,785,000 | 59,324,000 | 57,434,000 |
| Total capital | 63,979,000 | 64,261,000 | 68,055,000 | 65,777,000 |
| Risk-weighted assets | 558,108,000 | 588,028,000 | 581,821,000 | 589,387,000 |
Machine access — free, no API key
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