Call reports 2002
FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY — 2002
What FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 47,457,000 | 46,099,000 | 48,190,000 | 47,941,000 |
| Total loans | 26,188,000 | 28,772,000 | 29,960,000 | 30,821,000 |
| Allowance for loan losses | 330,000 | 386,000 | 361,000 | 466,000 |
| Securities available for sale | 9,926,000 | 9,437,000 | 8,465,000 | 8,708,000 |
| Securities held to maturity | 3,969,000 | 3,926,000 | 3,503,000 | 3,138,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,717,000 | 41,735,000 | 43,618,000 | 43,333,000 |
| Interest-bearing deposits | 36,577,000 | 34,739,000 | 36,676,000 | 36,874,000 |
| Noninterest-bearing deposits | 6,140,000 | 6,996,000 | 6,942,000 | 6,459,000 |
| Equity capital | 4,470,000 | 4,088,000 | 4,308,000 | 4,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 747,000 | 1,461,000 | 2,202,000 | 2,899,000 |
| Interest expense | 288,000 | 564,000 | 826,000 | 1,066,000 |
| Net interest income | 459,000 | 897,000 | 1,376,000 | 1,833,000 |
| Noninterest income | 55,000 | 91,000 | 145,000 | 191,000 |
| Noninterest expense | 324,000 | 654,000 | 983,000 | 1,300,000 |
| Provision for loan losses | 0 | 620,000 | 620,000 | 710,000 |
| Pretax income | 190,000 | -256,000 | -22,000 | 101,000 |
| Income tax | 7,000 | 12,000 | 21,000 | 45,000 |
| Net income | 183,000 | -268,000 | -43,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,486,000 | 3,981,000 | 4,207,000 | 4,305,000 |
| Total capital | 4,816,000 | 4,346,000 | 4,568,000 | 4,693,000 |
| Risk-weighted assets | 28,195,000 | 29,141,000 | 30,739,000 | 30,925,000 |