Call reports 2013
FIRST STATE BANK OF RED WING, THE — 2013
What FIRST STATE BANK OF RED WING, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 72,544,000 | 70,358,000 | 71,543,000 | 73,927,000 |
| Total loans | 18,126,000 | 18,412,000 | 18,874,000 | 18,324,000 |
| Allowance for loan losses | 166,000 | 100,000 | 107,000 | 108,000 |
| Securities available for sale | 46,554,000 | 43,775,000 | 43,165,000 | 41,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,313,000 | 64,205,000 | 65,765,000 | 68,709,000 |
| Interest-bearing deposits | 57,329,000 | 56,898,000 | 58,398,000 | 60,965,000 |
| Noninterest-bearing deposits | 6,984,000 | 7,307,000 | 7,367,000 | 7,744,000 |
| Equity capital | 7,300,000 | 5,926,000 | 5,522,000 | 4,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 611,000 | 1,183,000 | 1,766,000 | 2,348,000 |
| Interest expense | 119,000 | 233,000 | 345,000 | 455,000 |
| Net interest income | 492,000 | 950,000 | 1,421,000 | 1,893,000 |
| Noninterest income | 31,000 | 65,000 | 90,000 | 120,000 |
| Noninterest expense | 476,000 | 887,000 | 1,282,000 | 1,684,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 47,000 | 128,000 | 229,000 | 329,000 |
| Income tax | 7,000 | 27,000 | 54,000 | 80,000 |
| Net income | 40,000 | 101,000 | 175,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,389,000 | 6,450,000 | 6,189,000 | 6,263,000 |
| Total capital | 6,555,000 | 6,550,000 | 6,296,000 | 6,371,000 |
| Risk-weighted assets | 30,440,000 | 30,968,000 | 31,240,000 | 32,750,000 |