Call reports 2022
FIRST BANK ELK RIVER — 2022
What FIRST BANK ELK RIVER reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 381,405,000 | 366,491,000 | 377,922,000 | 356,859,000 |
| Total loans | 208,929,000 | 216,237,000 | 215,915,000 | 225,673,000 |
| Allowance for loan losses | 2,014,000 | 2,031,000 | 2,058,000 | 2,106,000 |
| Securities available for sale | 95,669,000 | 89,595,000 | 84,627,000 | 84,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 309,685,000 | 312,288,000 | 327,312,000 | 303,972,000 |
| Interest-bearing deposits | 204,731,000 | 201,862,000 | 194,006,000 | 177,008,000 |
| Noninterest-bearing deposits | 104,954,000 | 110,426,000 | 133,306,000 | 126,963,000 |
| Equity capital | 25,387,000 | 21,511,000 | 17,286,000 | 18,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,732,000 | 5,476,000 | 8,531,000 | 11,667,000 |
| Interest expense | 255,000 | 451,000 | 608,000 | 753,000 |
| Net interest income | 2,477,000 | 5,025,000 | 7,923,000 | 10,914,000 |
| Noninterest income | 431,000 | 892,000 | 1,348,000 | 1,758,000 |
| Noninterest expense | 2,331,000 | 4,551,000 | 6,706,000 | 8,889,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 92,000 |
| Pretax income | 577,000 | 1,366,000 | 2,520,000 | 3,691,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 577,000 | 1,366,000 | 2,520,000 | 3,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,748,000 | 32,537,000 | 33,692,000 | 33,662,000 |
| Total capital | 33,762,000 | 34,568,000 | 35,750,000 | 35,768,000 |
| Risk-weighted assets | 251,388,000 | 261,505,000 | 264,256,000 | 274,104,000 |