Call reports 2001
FIRST BANK ELK RIVER — 2001
What FIRST BANK ELK RIVER reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 364,653,000 | 384,460,000 | 393,508,000 | 407,069,000 |
| Total loans | 284,454,000 | 299,283,000 | 297,183,000 | 306,520,000 |
| Allowance for loan losses | 4,867,000 | 5,190,000 | 5,309,000 | 5,422,000 |
| Securities available for sale | 35,418,000 | 32,735,000 | 36,716,000 | 41,614,000 |
| Securities held to maturity | 11,687,000 | 11,650,000 | 11,573,000 | 11,231,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,176,000 | 338,870,000 | 343,594,000 | 355,442,000 |
| Interest-bearing deposits | 286,135,000 | 302,990,000 | 305,888,000 | 317,685,000 |
| Noninterest-bearing deposits | 35,041,000 | 35,880,000 | 37,706,000 | 37,757,000 |
| Equity capital | 28,413,000 | 29,478,000 | 30,979,000 | 31,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 7,381,000 | 14,842,000 | 22,098,000 | 29,125,000 |
| Interest expense | 3,777,000 | 7,560,000 | 11,235,000 | 14,567,000 |
| Net interest income | 3,604,000 | 7,282,000 | 10,863,000 | 14,558,000 |
| Noninterest income | 936,000 | 2,096,000 | 3,479,000 | 4,691,000 |
| Noninterest expense | 2,565,000 | 5,327,000 | 8,118,000 | 11,115,000 |
| Provision for loan losses | 300,000 | 600,000 | 825,000 | 975,000 |
| Pretax income | 1,675,000 | 3,451,000 | 5,399,000 | 7,159,000 |
| Income tax | 651,000 | 1,333,000 | 2,072,000 | 2,670,000 |
| Net income | 1,024,000 | 2,118,000 | 3,327,000 | 4,489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,115,000 | 29,160,000 | 30,369,000 | 30,881,000 |
| Total capital | 31,927,000 | 33,201,000 | 34,453,000 | 35,061,000 |
| Risk-weighted assets | 303,914,000 | 322,142,000 | 325,515,000 | 333,172,000 |