Call reports 2008
FIRST BANK ELK RIVER — 2008
What FIRST BANK ELK RIVER 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 | 403,842,000 | 395,815,000 | 408,564,000 | 429,982,000 |
| Total loans | 226,990,000 | 237,626,000 | 235,065,000 | 224,467,000 |
| Allowance for loan losses | 4,342,000 | 4,674,000 | 3,780,000 | 4,190,000 |
| Securities available for sale | 85,802,000 | 71,755,000 | 74,511,000 | 69,729,000 |
| Securities held to maturity | 47,149,000 | 46,494,000 | 46,306,000 | 46,256,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,774,000 | 289,424,000 | 304,982,000 | 326,301,000 |
| Interest-bearing deposits | 269,690,000 | 257,168,000 | 269,513,000 | 285,662,000 |
| Noninterest-bearing deposits | 31,084,000 | 32,256,000 | 35,469,000 | 40,639,000 |
| Equity capital | 51,741,000 | 48,785,000 | 49,899,000 | 49,036,000 |
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 | 5,602,000 | 10,970,000 | 16,289,000 | 21,440,000 |
| Interest expense | 2,653,000 | 5,107,000 | 7,523,000 | 10,002,000 |
| Net interest income | 2,949,000 | 5,863,000 | 8,766,000 | 11,438,000 |
| Noninterest income | 1,238,000 | 2,488,000 | 3,541,000 | 4,247,000 |
| Noninterest expense | 3,394,000 | 6,824,000 | 9,917,000 | 12,716,000 |
| Provision for loan losses | 422,000 | 1,622,000 | 2,107,000 | 3,251,000 |
| Pretax income | 371,000 | -83,000 | 295,000 | -249,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 371,000 | -83,000 | 295,000 | -249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,848,000 | 38,147,000 | 38,445,000 | 36,924,000 |
| Total capital | 42,298,000 | 41,682,000 | 41,991,000 | 40,334,000 |
| Risk-weighted assets | 275,513,000 | 281,973,000 | 283,731,000 | 271,997,000 |