Call reports 2011
FIRST STATE BANK OF RED WING, THE — 2011
What FIRST STATE BANK OF RED WING, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 67,429,000 | 68,478,000 | 70,242,000 | 71,159,000 |
| Total loans | 23,901,000 | 22,802,000 | 22,084,000 | 21,396,000 |
| Allowance for loan losses | 160,000 | 160,000 | 160,000 | 160,000 |
| Securities available for sale | 37,433,000 | 38,975,000 | 43,124,000 | 41,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,925,000 | 60,877,000 | 60,053,000 | 63,031,000 |
| Interest-bearing deposits | 54,642,000 | 53,955,000 | 53,478,000 | 56,342,000 |
| Noninterest-bearing deposits | 6,283,000 | 6,922,000 | 6,575,000 | 6,689,000 |
| Equity capital | 6,168,000 | 6,856,000 | 7,071,000 | 7,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 627,000 | 1,384,000 | 2,146,000 | 2,822,000 |
| Interest expense | 152,000 | 329,000 | 498,000 | 659,000 |
| Net interest income | 475,000 | 1,055,000 | 1,648,000 | 2,163,000 |
| Noninterest income | 25,000 | 62,000 | 157,000 | 192,000 |
| Noninterest expense | 424,000 | 843,000 | 1,256,000 | 1,492,000 |
| Provision for loan losses | 23,000 | 26,000 | 288,000 | 298,000 |
| Pretax income | 53,000 | 248,000 | 261,000 | 565,000 |
| Income tax | 17,000 | 88,000 | 65,000 | 182,000 |
| Net income | 36,000 | 160,000 | 196,000 | 383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,235,000 | 6,167,000 | 6,203,000 | 6,389,000 |
| Total capital | 6,395,000 | 6,327,000 | 6,363,000 | 6,549,000 |
| Risk-weighted assets | 33,728,000 | 32,699,000 | 32,516,000 | 33,402,000 |