Call reports 2011
FIRST BANK ELK RIVER — 2011
What FIRST BANK ELK RIVER reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 307,357,000 | 307,311,000 | 308,338,000 | 309,833,000 |
| Total loans | 178,386,000 | 175,936,000 | 175,804,000 | 170,737,000 |
| Allowance for loan losses | 4,529,000 | 4,740,000 | 5,485,000 | 4,058,000 |
| Securities available for sale | 66,645,000 | 63,954,000 | 53,272,000 | 66,758,000 |
| Securities held to maturity | 4,835,000 | 3,926,000 | 3,657,000 | 3,406,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,768,000 | 232,147,000 | 236,176,000 | 236,089,000 |
| Interest-bearing deposits | 201,136,000 | 198,009,000 | 200,768,000 | 199,807,000 |
| Noninterest-bearing deposits | 31,632,000 | 34,138,000 | 35,409,000 | 36,281,000 |
| Equity capital | 28,306,000 | 28,909,000 | 28,360,000 | 28,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,991,000 | 5,928,000 | 8,682,000 | 11,662,000 |
| Interest expense | 938,000 | 1,838,000 | 2,706,000 | 3,546,000 |
| Net interest income | 2,053,000 | 4,090,000 | 5,976,000 | 8,116,000 |
| Noninterest income | 36,000 | 441,000 | 1,189,000 | 1,793,000 |
| Noninterest expense | 3,061,000 | 5,862,000 | 8,433,000 | 11,251,000 |
| Provision for loan losses | 714,000 | 1,046,000 | 1,961,000 | 2,075,000 |
| Pretax income | -1,567,000 | -2,158,000 | -2,260,000 | -2,146,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,567,000 | -2,158,000 | -2,260,000 | -2,146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,256,000 | 26,721,000 | 26,668,000 | 26,832,000 |
| Total capital | 29,857,000 | 29,283,000 | 29,207,000 | 29,302,000 |
| Risk-weighted assets | 206,161,000 | 202,813,000 | 200,148,000 | 195,993,000 |