Call reports 2008
FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY — 2008
What FIRST NATIONAL BANK MAHNOMEN TWIN VALLEY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 73,123,000 | 73,833,000 | 67,401,000 | 67,432,000 |
| Total loans | 43,881,000 | 47,057,000 | 47,675,000 | 44,657,000 |
| Allowance for loan losses | 492,000 | 487,000 | 540,000 | 444,000 |
| Securities available for sale | 22,891,000 | 23,779,000 | 15,549,000 | 16,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,223,000 | 68,157,000 | 61,597,000 | 61,359,000 |
| Interest-bearing deposits | 59,153,000 | 59,863,000 | 53,357,000 | 52,332,000 |
| Noninterest-bearing deposits | 8,070,000 | 8,294,000 | 8,240,000 | 9,026,000 |
| Equity capital | 5,480,000 | 5,181,000 | 5,428,000 | 5,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,188,000 | 2,260,000 | 3,450,000 | 4,464,000 |
| Interest expense | 559,000 | 1,042,000 | 1,463,000 | 1,824,000 |
| Net interest income | 629,000 | 1,218,000 | 1,987,000 | 2,640,000 |
| Noninterest income | 75,000 | 144,000 | 220,000 | 254,000 |
| Noninterest expense | 503,000 | 949,000 | 1,403,000 | 1,967,000 |
| Provision for loan losses | 140,000 | 170,000 | 237,000 | 237,000 |
| Pretax income | 61,000 | 243,000 | -323,000 | -200,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 11,000 |
| Net income | 51,000 | 233,000 | -333,000 | -211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,129,000 | 5,190,000 | 5,468,000 | 5,590,000 |
| Total capital | 5,621,000 | 5,677,000 | 6,008,000 | 6,034,000 |
| Risk-weighted assets | 47,322,000 | 48,705,000 | 47,311,000 | 43,917,000 |