Call reports 2021
FIRST BANK ELK RIVER — 2021
What FIRST BANK ELK RIVER reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 388,794,000 | 376,276,000 | 395,143,000 | 400,673,000 |
| Total loans | 218,522,000 | 217,907,000 | 208,839,000 | 203,896,000 |
| Allowance for loan losses | 1,875,000 | 1,883,000 | 1,947,000 | 1,958,000 |
| Securities available for sale | 68,092,000 | 76,955,000 | 86,620,000 | 96,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,616,000 | 288,129,000 | 304,354,000 | 312,389,000 |
| Interest-bearing deposits | 192,052,000 | 186,553,000 | 197,313,000 | 203,970,000 |
| Noninterest-bearing deposits | 121,564,000 | 101,577,000 | 107,041,000 | 108,419,000 |
| Equity capital | 31,692,000 | 32,345,000 | 32,891,000 | 31,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,768,000 | 5,321,000 | 8,257,000 | 10,766,000 |
| Interest expense | 366,000 | 711,000 | 1,040,000 | 1,361,000 |
| Net interest income | 2,402,000 | 4,610,000 | 7,217,000 | 9,405,000 |
| Noninterest income | 491,000 | 1,084,000 | 1,569,000 | 2,135,000 |
| Noninterest expense | 2,134,000 | 4,245,000 | 6,451,000 | 8,333,000 |
| Provision for loan losses | 0 | 25,000 | 75,000 | 75,000 |
| Pretax income | 759,000 | 1,424,000 | 2,260,000 | 3,132,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 759,000 | 1,424,000 | 2,260,000 | 3,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,957,000 | 31,623,000 | 32,458,000 | 32,130,000 |
| Total capital | — | 33,506,000 | 34,405,000 | 34,088,000 |
| Risk-weighted assets | — | 224,122,000 | 238,911,000 | 243,318,000 |