Call reports 2016
FIRST BANK ELK RIVER — 2016
What FIRST BANK ELK RIVER reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 267,793,000 | 254,457,000 | 259,444,000 | 268,433,000 |
| Total loans | 123,905,000 | 133,377,000 | 132,080,000 | 138,265,000 |
| Allowance for loan losses | 2,118,000 | 1,736,000 | 1,741,000 | 1,469,000 |
| Securities available for sale | 100,198,000 | 87,866,000 | 93,263,000 | 106,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,821,000 | 183,645,000 | 189,807,000 | 196,922,000 |
| Interest-bearing deposits | 146,314,000 | 140,941,000 | 138,123,000 | 145,389,000 |
| Noninterest-bearing deposits | 48,507,000 | 42,704,000 | 51,684,000 | 51,533,000 |
| Equity capital | 28,036,000 | 28,728,000 | 29,669,000 | 23,037,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,132,000 | 4,287,000 | 6,372,000 | 8,518,000 |
| Interest expense | 357,000 | 705,000 | 1,040,000 | 1,345,000 |
| Net interest income | 1,775,000 | 3,582,000 | 5,332,000 | 7,173,000 |
| Noninterest income | 573,000 | 1,145,000 | 1,920,000 | 2,333,000 |
| Noninterest expense | 2,069,000 | 4,169,000 | 6,234,000 | 8,276,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 279,000 | 660,000 | 1,120,000 | 1,415,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 279,000 | 660,000 | 1,120,000 | 1,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,457,000 | 28,684,000 | 28,948,000 | 26,274,000 |
| Total capital | 30,552,000 | 30,420,000 | 30,690,000 | 27,743,000 |
| Risk-weighted assets | 167,596,000 | 176,774,000 | 178,582,000 | 188,239,000 |