Call reports 2009
FIRST BANK ELK RIVER — 2009
What FIRST BANK ELK RIVER reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 416,751,000 | 406,221,000 | 400,565,000 | 401,288,000 |
| Total loans | 221,441,000 | 215,385,000 | 204,600,000 | 201,626,000 |
| Allowance for loan losses | 4,581,000 | 4,036,000 | 3,955,000 | 4,340,000 |
| Securities available for sale | 66,935,000 | 42,770,000 | 44,961,000 | 54,536,000 |
| Securities held to maturity | 46,265,000 | 42,646,000 | 39,326,000 | 37,572,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,931,000 | 309,456,000 | 303,697,000 | 318,838,000 |
| Interest-bearing deposits | 273,069,000 | 274,739,000 | 266,169,000 | 282,009,000 |
| Noninterest-bearing deposits | 39,862,000 | 34,717,000 | 37,528,000 | 36,829,000 |
| Equity capital | 49,166,000 | 47,046,000 | 46,376,000 | 32,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,788,000 | 9,144,000 | 13,141,000 | 16,985,000 |
| Interest expense | 2,433,000 | 4,796,000 | 7,020,000 | 9,169,000 |
| Net interest income | 2,355,000 | 4,348,000 | 6,121,000 | 7,816,000 |
| Noninterest income | 1,003,000 | 1,870,000 | 2,587,000 | 3,497,000 |
| Noninterest expense | 3,288,000 | 6,972,000 | 10,176,000 | 24,784,000 |
| Provision for loan losses | 590,000 | 1,405,000 | 2,293,000 | 4,300,000 |
| Pretax income | -520,000 | -1,694,000 | -2,662,000 | -15,736,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -520,000 | -1,694,000 | -2,662,000 | -15,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,324,000 | 35,067,000 | 34,064,000 | 30,975,000 |
| Total capital | 39,663,000 | 38,266,000 | 37,069,000 | 33,992,000 |
| Risk-weighted assets | 265,889,000 | 255,078,000 | 239,484,000 | 240,047,000 |