Call reports 2014
STATE BANK OF PARK RAPIDS — 2014
What STATE BANK OF PARK RAPIDS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 99,945,000 | 100,704,000 | 98,418,000 | 94,577,000 |
| Total loans | 43,833,000 | 41,884,000 | 43,516,000 | 43,293,000 |
| Allowance for loan losses | 621,000 | 622,000 | 443,000 | 402,000 |
| Securities available for sale | 46,757,000 | 49,181,000 | 45,256,000 | 43,073,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,554,000 | 85,968,000 | 84,688,000 | 80,296,000 |
| Interest-bearing deposits | 73,612,000 | 72,565,000 | 70,881,000 | 67,367,000 |
| Noninterest-bearing deposits | 13,942,000 | 13,403,000 | 13,807,000 | 12,929,000 |
| Equity capital | 9,436,000 | 10,237,000 | 10,702,000 | 11,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 950,000 | 1,892,000 | 2,817,000 | 3,709,000 |
| Interest expense | 133,000 | 271,000 | 401,000 | 531,000 |
| Net interest income | 817,000 | 1,621,000 | 2,416,000 | 3,178,000 |
| Noninterest income | 126,000 | 223,000 | 403,000 | 530,000 |
| Noninterest expense | 715,000 | 1,285,000 | 1,836,000 | 2,425,000 |
| Provision for loan losses | 0 | 0 | -175,000 | -175,000 |
| Pretax income | 252,000 | 598,000 | 1,208,000 | 1,603,000 |
| Income tax | -1,000 | -1,000 | -1,000 | -1,000 |
| Net income | 253,000 | 599,000 | 1,209,000 | 1,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,778,000 | 9,971,000 | 10,444,000 | 10,838,000 |
| Total capital | 10,399,000 | 10,593,000 | 10,887,000 | 11,240,000 |
| Risk-weighted assets | 57,485,000 | 55,736,000 | 56,175,000 | 55,960,000 |