Call reports 2017
FIRST STATE BANK OF RED WING, THE — 2017
What FIRST STATE BANK OF RED WING, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 78,633,000 | 79,001,000 | 78,717,000 | 78,427,000 |
| Total loans | 23,694,000 | 23,460,000 | 23,176,000 | 23,002,000 |
| Allowance for loan losses | 222,000 | 222,000 | 218,000 | 193,000 |
| Securities available for sale | 37,961,000 | 38,000,000 | 38,366,000 | 37,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,445,000 | 71,529,000 | 71,168,000 | 71,409,000 |
| Interest-bearing deposits | 62,580,000 | 62,565,000 | 62,228,000 | 64,269,000 |
| Noninterest-bearing deposits | 8,865,000 | 8,964,000 | 8,940,000 | 7,140,000 |
| Equity capital | 6,751,000 | 6,910,000 | 6,967,000 | 6,755,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 503,000 | 1,010,000 | 1,527,000 | 2,049,000 |
| Interest expense | 96,000 | 194,000 | 294,000 | 396,000 |
| Net interest income | 407,000 | 816,000 | 1,233,000 | 1,653,000 |
| Noninterest income | 23,000 | 50,000 | 74,000 | 100,000 |
| Noninterest expense | 471,000 | 861,000 | 1,221,000 | 1,740,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -41,000 | 5,000 | 86,000 | 15,000 |
| Income tax | -24,000 | 4,000 | 30,000 | -155,000 |
| Net income | -17,000 | 1,000 | 56,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,502,000 | 6,519,000 | 6,575,000 | 6,689,000 |
| Total capital | 6,724,000 | 6,741,000 | 6,793,000 | 6,882,000 |
| Risk-weighted assets | 29,814,000 | 29,846,000 | 29,390,000 | 28,568,000 |