Call reports 2011
STATE BANK OF PARK RAPIDS — 2011
What STATE BANK OF PARK RAPIDS reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 87,068,000 | 92,711,000 | 91,502,000 | 86,367,000 |
| Total loans | 45,110,000 | 46,214,000 | 47,640,000 | 44,945,000 |
| Allowance for loan losses | 1,066,000 | 987,000 | 949,000 | 887,000 |
| Securities available for sale | 29,940,000 | 28,063,000 | 33,334,000 | 31,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,509,000 | 78,536,000 | 74,895,000 | 74,270,000 |
| Interest-bearing deposits | 64,774,000 | 69,617,000 | 65,499,000 | 64,870,000 |
| Noninterest-bearing deposits | 8,735,000 | 8,919,000 | 9,396,000 | 9,400,000 |
| Equity capital | 7,604,000 | 8,220,000 | 9,213,000 | 9,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 988,000 | 1,949,000 | 2,956,000 | 3,929,000 |
| Interest expense | 272,000 | 539,000 | 792,000 | 1,014,000 |
| Net interest income | 716,000 | 1,410,000 | 2,164,000 | 2,915,000 |
| Noninterest income | 88,000 | 52,000 | 342,000 | 573,000 |
| Noninterest expense | 547,000 | 1,189,000 | 1,763,000 | 2,790,000 |
| Provision for loan losses | 30,000 | 60,000 | 93,000 | 115,000 |
| Pretax income | 227,000 | 378,000 | 815,000 | 919,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 227,000 | 376,000 | 813,000 | 917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,509,000 | 7,658,000 | 8,095,000 | 8,199,000 |
| Total capital | 8,210,000 | 8,375,000 | 8,809,000 | 8,885,000 |
| Risk-weighted assets | 55,683,000 | 57,102,000 | 56,851,000 | 54,642,000 |