Call reports 2014
FIRST STATE BANK OF RED WING, THE — 2014
What FIRST STATE BANK OF RED WING, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 73,650,000 | 72,871,000 | 71,889,000 | 75,184,000 |
| Total loans | 17,978,000 | 18,990,000 | 19,498,000 | 19,611,000 |
| Allowance for loan losses | 108,000 | 110,000 | 110,000 | 224,000 |
| Securities available for sale | 40,967,000 | 41,023,000 | 41,330,000 | 33,351,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,859,000 | 66,555,000 | 65,448,000 | 68,148,000 |
| Interest-bearing deposits | 59,984,000 | 59,556,000 | 57,481,000 | 59,682,000 |
| Noninterest-bearing deposits | 7,875,000 | 6,999,000 | 7,967,000 | 8,466,000 |
| Equity capital | 5,588,000 | 6,096,000 | 6,188,000 | 6,579,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 580,000 | 1,125,000 | 1,642,000 | 2,161,000 |
| Interest expense | 103,000 | 199,000 | 294,000 | 387,000 |
| Net interest income | 477,000 | 926,000 | 1,348,000 | 1,774,000 |
| Noninterest income | 32,000 | 63,000 | 97,000 | 127,000 |
| Noninterest expense | 445,000 | 856,000 | 1,231,000 | 1,656,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 139,000 | 220,000 | 203,000 |
| Income tax | 15,000 | 34,000 | 60,000 | 46,000 |
| Net income | 54,000 | 105,000 | 160,000 | 157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,317,000 | 6,368,000 | 6,423,000 | 6,420,000 |
| Total capital | 6,425,000 | 6,478,000 | 6,533,000 | 6,644,000 |
| Risk-weighted assets | 30,939,000 | 29,410,000 | 30,126,000 | 27,631,000 |