Call reports 2002
PRIVATE BANK MINNESOTA — 2002
What PRIVATE BANK MINNESOTA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 80,430,000 | 95,645,000 | 100,177,000 | 105,665,000 |
| Total loans | 68,112,000 | 81,221,000 | 86,183,000 | 93,233,000 |
| Allowance for loan losses | 882,000 | 1,008,000 | 1,073,000 | 1,052,000 |
| Securities available for sale | 8,371,000 | 7,468,000 | 7,138,000 | 6,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,583,000 | 82,030,000 | 81,736,000 | 88,378,000 |
| Interest-bearing deposits | 66,238,000 | 70,974,000 | 68,979,000 | 73,350,000 |
| Noninterest-bearing deposits | 6,345,000 | 11,056,000 | 12,757,000 | 15,028,000 |
| Equity capital | 7,082,000 | 8,449,000 | 8,933,000 | 9,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,107,000 | 2,331,000 | 3,678,000 | 5,017,000 |
| Interest expense | 311,000 | 636,000 | 979,000 | 1,284,000 |
| Net interest income | 796,000 | 1,695,000 | 2,699,000 | 3,733,000 |
| Noninterest income | 30,000 | 83,000 | 143,000 | 197,000 |
| Noninterest expense | 578,000 | 1,193,000 | 1,789,000 | 2,526,000 |
| Provision for loan losses | 62,000 | 208,000 | 273,000 | 277,000 |
| Pretax income | 186,000 | 377,000 | 780,000 | 1,127,000 |
| Income tax | 76,000 | 154,000 | 318,000 | 460,000 |
| Net income | 110,000 | 223,000 | 462,000 | 667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,027,000 | 8,365,000 | 8,854,000 | 9,409,000 |
| Total capital | 7,909,000 | 9,373,000 | 9,927,000 | 10,461,000 |
| Risk-weighted assets | 78,707,000 | 91,402,000 | 98,018,000 | 104,153,000 |