Call reports 2008
FIRST MINNESOTA BANK — 2008
What FIRST MINNESOTA BANK 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 | 387,138,000 | 377,615,000 | 345,184,000 | 348,054,000 |
| Total loans | 154,820,000 | 152,110,000 | 144,358,000 | 142,348,000 |
| Allowance for loan losses | 2,615,000 | 2,707,000 | 2,792,000 | 2,657,000 |
| Securities available for sale | 192,806,000 | 184,031,000 | 165,733,000 | 148,741,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,466,000 | 236,199,000 | 231,364,000 | 232,065,000 |
| Interest-bearing deposits | 218,925,000 | 210,556,000 | 207,888,000 | 210,369,000 |
| Noninterest-bearing deposits | 24,541,000 | 25,643,000 | 23,476,000 | 21,696,000 |
| Equity capital | 45,067,000 | 44,154,000 | 39,643,000 | 42,846,000 |
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 | 5,565,000 | 11,131,000 | 16,373,000 | 20,825,000 |
| Interest expense | 2,778,000 | 5,399,000 | 7,867,000 | 10,151,000 |
| Net interest income | 2,787,000 | 5,732,000 | 8,506,000 | 10,674,000 |
| Noninterest income | 615,000 | 1,132,000 | 1,700,000 | 2,456,000 |
| Noninterest expense | 2,168,000 | 4,294,000 | 6,360,000 | 8,335,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 1,132,000 | 2,316,000 | -1,287,000 | -694,000 |
| Income tax | 415,000 | 792,000 | 1,079,000 | -818,000 |
| Net income | 717,000 | 1,524,000 | -2,366,000 | 124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,965,000 | 44,772,000 | 42,780,000 | 43,181,000 |
| Total capital | 46,580,000 | 47,479,000 | 45,348,000 | 45,784,000 |
| Risk-weighted assets | 221,950,000 | 221,833,000 | 207,316,000 | 211,822,000 |