Call reports 2010
FIRST BANK ELK RIVER — 2010
What FIRST BANK ELK RIVER reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 388,556,000 | 352,277,000 | 336,290,000 | 321,556,000 |
| Total loans | 198,560,000 | 190,679,000 | 187,576,000 | 189,921,000 |
| Allowance for loan losses | 5,151,000 | 5,193,000 | 5,317,000 | 5,289,000 |
| Securities available for sale | 75,731,000 | 60,382,000 | 45,668,000 | 71,369,000 |
| Securities held to maturity | 34,328,000 | 22,426,000 | 12,056,000 | 7,851,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 308,779,000 | 279,518,000 | 264,581,000 | 246,379,000 |
| Interest-bearing deposits | 274,975,000 | 248,918,000 | 229,555,000 | 212,130,000 |
| Noninterest-bearing deposits | 33,804,000 | 30,600,000 | 35,026,000 | 34,249,000 |
| Equity capital | 30,308,000 | 31,494,000 | 31,487,000 | 29,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,809,000 | 7,466,000 | 10,741,000 | 13,749,000 |
| Interest expense | 1,897,000 | 3,660,000 | 5,210,000 | 6,356,000 |
| Net interest income | 1,912,000 | 3,806,000 | 5,531,000 | 7,393,000 |
| Noninterest income | 998,000 | 2,274,000 | 2,948,000 | 2,701,000 |
| Noninterest expense | 3,431,000 | 6,397,000 | 8,930,000 | 11,422,000 |
| Provision for loan losses | 2,317,000 | 2,607,000 | 2,798,000 | 2,950,000 |
| Pretax income | -2,741,000 | -2,204,000 | -1,746,000 | -2,775,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -2,741,000 | -2,204,000 | -1,746,000 | -2,775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,283,000 | 29,123,000 | 29,752,000 | 28,771,000 |
| Total capital | 31,303,000 | 31,945,000 | 32,418,000 | 31,512,000 |
| Risk-weighted assets | 239,282,000 | 223,415,000 | 210,659,000 | 216,708,000 |