Call reports 2003
FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY — 2003
What FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 50,866,000 | 49,357,000 | 51,181,000 | 52,108,000 |
| Total loans | 29,716,000 | 30,279,000 | 29,230,000 | 29,691,000 |
| Allowance for loan losses | 380,000 | 380,000 | 404,000 | 413,000 |
| Securities available for sale | 11,048,000 | 11,056,000 | 12,266,000 | 13,778,000 |
| Securities held to maturity | 2,769,000 | 2,693,000 | 2,643,000 | 2,629,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,135,000 | 44,267,000 | 46,052,000 | 47,136,000 |
| Interest-bearing deposits | 39,318,000 | 38,358,000 | 38,816,000 | 40,099,000 |
| Noninterest-bearing deposits | 6,817,000 | 5,909,000 | 7,236,000 | 7,037,000 |
| Equity capital | 4,503,000 | 4,862,000 | 4,893,000 | 4,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 717,000 | 1,470,000 | 2,169,000 | 2,813,000 |
| Interest expense | 217,000 | 436,000 | 632,000 | 818,000 |
| Net interest income | 500,000 | 1,034,000 | 1,537,000 | 1,995,000 |
| Noninterest income | 52,000 | 108,000 | 159,000 | 199,000 |
| Noninterest expense | 354,000 | 635,000 | 1,024,000 | 1,371,000 |
| Provision for loan losses | 105,000 | 135,000 | 165,000 | 195,000 |
| Pretax income | 96,000 | 375,000 | 521,000 | 642,000 |
| Income tax | 6,000 | 8,000 | 8,000 | 8,000 |
| Net income | 90,000 | 367,000 | 513,000 | 634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,395,000 | 4,673,000 | 4,819,000 | 4,759,000 |
| Total capital | 4,775,000 | 5,053,000 | 5,218,000 | 5,170,000 |
| Risk-weighted assets | 30,552,000 | 32,192,000 | 31,937,000 | 32,754,000 |