Call reports 2008
STATE BANK OF PARK RAPIDS — 2008
What STATE BANK OF PARK RAPIDS 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 | 116,442,000 | 116,705,000 | 111,636,000 | 106,526,000 |
| Total loans | 71,841,000 | 70,404,000 | 65,725,000 | 63,245,000 |
| Allowance for loan losses | 1,606,000 | 1,458,000 | 1,153,000 | 1,456,000 |
| Securities available for sale | 31,405,000 | 29,115,000 | 29,328,000 | 28,942,000 |
| Securities held to maturity | 170,000 | 158,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,370,000 | 88,854,000 | 84,057,000 | 79,290,000 |
| Interest-bearing deposits | 76,421,000 | 79,349,000 | 74,824,000 | 69,847,000 |
| Noninterest-bearing deposits | 8,949,000 | 9,505,000 | 9,233,000 | 9,443,000 |
| Equity capital | 9,044,000 | 9,440,000 | 9,178,000 | 8,903,000 |
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 | 1,794,000 | 3,533,000 | 5,052,000 | 6,512,000 |
| Interest expense | 927,000 | 1,810,000 | 2,603,000 | 3,373,000 |
| Net interest income | 867,000 | 1,723,000 | 2,449,000 | 3,139,000 |
| Noninterest income | 126,000 | 1,068,000 | 1,145,000 | 1,136,000 |
| Noninterest expense | 579,000 | 1,258,000 | 2,047,000 | 3,139,000 |
| Provision for loan losses | 288,000 | 438,000 | 788,000 | 1,135,000 |
| Pretax income | 126,000 | 1,095,000 | 751,000 | -8,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 126,000 | 1,095,000 | 751,000 | -8,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,809,000 | 9,778,000 | 9,434,000 | 8,675,000 |
| Total capital | 9,829,000 | 10,800,000 | 10,410,000 | 9,614,000 |
| Risk-weighted assets | 81,010,000 | 81,513,000 | 77,921,000 | 74,638,000 |
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