Call reports 2016
FIRST STATE BANK OF RED WING, THE — 2016
What FIRST STATE BANK OF RED WING, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 75,520,000 | 76,448,000 | 76,855,000 | 79,459,000 |
| Total loans | 20,533,000 | 21,568,000 | 23,113,000 | 24,363,000 |
| Allowance for loan losses | 224,000 | 224,000 | 224,000 | 222,000 |
| Securities available for sale | 40,053,000 | 34,478,000 | 33,938,000 | 33,892,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,818,000 | 68,429,000 | 68,851,000 | 72,445,000 |
| Interest-bearing deposits | 58,739,000 | 60,429,000 | 60,670,000 | 63,202,000 |
| Noninterest-bearing deposits | 9,079,000 | 8,000,000 | 8,181,000 | 9,243,000 |
| Equity capital | 7,000,000 | 7,207,000 | 7,206,000 | 6,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 496,000 | 970,000 | 1,451,000 | 1,934,000 |
| Interest expense | 90,000 | 180,000 | 273,000 | 367,000 |
| Net interest income | 406,000 | 790,000 | 1,178,000 | 1,567,000 |
| Noninterest income | 28,000 | 58,000 | 70,000 | 130,000 |
| Noninterest expense | 505,000 | 835,000 | 1,244,000 | 1,657,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -67,000 | 17,000 | 8,000 | 44,000 |
| Income tax | -33,000 | -6,000 | -17,000 | -10,000 |
| Net income | -34,000 | 23,000 | 25,000 | 54,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,430,000 | 6,488,000 | 6,490,000 | 6,519,000 |
| Total capital | 6,654,000 | 6,712,000 | 6,714,000 | 6,741,000 |
| Risk-weighted assets | 27,744,000 | 27,342,000 | 28,418,000 | 29,498,000 |