Call reports 2007
FIRST BANK ELK RIVER — 2007
What FIRST BANK ELK RIVER reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 318,379,000 | 317,908,000 | 318,403,000 | 310,632,000 |
| Total loans | 183,661,000 | 188,555,000 | 180,715,000 | 181,347,000 |
| Allowance for loan losses | 3,191,000 | 3,186,000 | 3,314,000 | 3,338,000 |
| Securities available for sale | 56,014,000 | 58,832,000 | 59,323,000 | 58,445,000 |
| Securities held to maturity | 48,161,000 | 47,979,000 | 47,699,000 | 47,635,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,451,000 | 244,491,000 | 246,520,000 | 232,760,000 |
| Interest-bearing deposits | 223,844,000 | 215,513,000 | 220,536,000 | 207,849,000 |
| Noninterest-bearing deposits | 29,607,000 | 28,978,000 | 25,984,000 | 24,911,000 |
| Equity capital | 30,556,000 | 29,622,000 | 30,498,000 | 30,731,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,995,000 | 9,860,000 | 14,788,000 | 19,312,000 |
| Interest expense | 2,284,000 | 4,636,000 | 7,176,000 | 9,593,000 |
| Net interest income | 2,711,000 | 5,224,000 | 7,612,000 | 9,719,000 |
| Noninterest income | 1,233,000 | 2,297,000 | 3,505,000 | 4,698,000 |
| Noninterest expense | 3,073,000 | 6,056,000 | 8,807,000 | 11,766,000 |
| Provision for loan losses | 0 | 25,000 | 850,000 | 1,390,000 |
| Pretax income | 871,000 | 1,439,000 | 1,459,000 | 1,260,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 871,000 | 1,439,000 | 1,459,000 | 1,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,189,000 | 31,614,000 | 31,609,000 | 31,204,000 |
| Total capital | 34,085,000 | 34,553,000 | 34,453,000 | 34,024,000 |
| Risk-weighted assets | 231,616,000 | 234,832,000 | 227,033,000 | 225,303,000 |