Call reports 2010
STATE BANK OF PARK RAPIDS — 2010
What STATE BANK OF PARK RAPIDS reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 91,411,000 | 89,310,000 | 89,477,000 | 89,932,000 |
| Total loans | 52,690,000 | 51,972,000 | 51,043,000 | 48,041,000 |
| Allowance for loan losses | 1,258,000 | 1,253,000 | 1,217,000 | 1,193,000 |
| Securities available for sale | 26,388,000 | 19,086,000 | 24,985,000 | 27,867,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,253,000 | 75,742,000 | 75,759,000 | 76,897,000 |
| Interest-bearing deposits | 65,283,000 | 67,314,000 | 66,666,000 | 68,014,000 |
| Noninterest-bearing deposits | 7,970,000 | 8,428,000 | 9,093,000 | 8,883,000 |
| Equity capital | 7,179,000 | 7,590,000 | 7,741,000 | 7,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,120,000 | 2,231,000 | 3,207,000 | 4,225,000 |
| Interest expense | 417,000 | 791,000 | 1,110,000 | 1,421,000 |
| Net interest income | 703,000 | 1,440,000 | 2,097,000 | 2,804,000 |
| Noninterest income | 306,000 | 401,000 | 511,000 | 600,000 |
| Noninterest expense | 798,000 | 1,468,000 | 2,076,000 | 2,833,000 |
| Provision for loan losses | 210,000 | 210,000 | 261,000 | 394,000 |
| Pretax income | 1,000 | 622,000 | 730,000 | 636,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | -1,000 | 620,000 | 728,000 | 634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,647,000 | 7,268,000 | 7,376,000 | 7,282,000 |
| Total capital | 7,437,000 | 8,018,000 | 8,126,000 | 8,016,000 |
| Risk-weighted assets | 62,706,000 | 59,469,000 | 59,565,000 | 58,301,000 |