Call reports 2004
FIRST BANK ELK RIVER — 2004
What FIRST BANK ELK RIVER reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 392,767,000 | 408,343,000 | 408,757,000 | 405,485,000 |
| Total loans | 261,797,000 | 248,076,000 | 238,012,000 | 201,960,000 |
| Allowance for loan losses | 7,953,000 | 6,247,000 | 5,756,000 | 2,996,000 |
| Securities available for sale | 62,456,000 | 64,018,000 | 77,263,000 | 100,083,000 |
| Securities held to maturity | 26,039,000 | 60,225,000 | 62,304,000 | 61,173,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,318,000 | 331,050,000 | 330,646,000 | 307,852,000 |
| Interest-bearing deposits | 281,717,000 | 294,039,000 | 290,861,000 | 268,145,000 |
| Noninterest-bearing deposits | 40,601,000 | 37,011,000 | 39,785,000 | 39,707,000 |
| Equity capital | 36,414,000 | 35,063,000 | 36,981,000 | 35,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 5,490,000 | 11,053,000 | 16,504,000 | 21,598,000 |
| Interest expense | 1,888,000 | 3,825,000 | 5,649,000 | 7,393,000 |
| Net interest income | 3,602,000 | 7,228,000 | 10,855,000 | 14,205,000 |
| Noninterest income | 557,000 | 2,626,000 | 4,013,000 | 5,257,000 |
| Noninterest expense | 3,200,000 | 7,248,000 | 10,863,000 | 14,391,000 |
| Provision for loan losses | 300,000 | 850,000 | 1,600,000 | 1,600,000 |
| Pretax income | 875,000 | 2,027,000 | 2,803,000 | 3,904,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 875,000 | 2,027,000 | 2,803,000 | 3,904,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,758,000 | 37,754,000 | 37,141,000 | 36,609,000 |
| Total capital | 40,550,000 | 41,522,000 | 40,851,000 | 39,605,000 |
| Risk-weighted assets | 299,187,000 | 299,102,000 | 294,640,000 | 262,973,000 |