Call reports 2002
BANK OF ELK RIVER, THE — 2002
What BANK OF ELK RIVER, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 221,002,000 | 227,954,000 | 238,394,000 | 247,808,000 |
| Total loans | 168,052,000 | 175,012,000 | 175,996,000 | 178,802,000 |
| Allowance for loan losses | 1,597,000 | 1,493,000 | 1,667,000 | 1,735,000 |
| Securities available for sale | 33,976,000 | 35,643,000 | 40,589,000 | 51,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,327,000 | 207,425,000 | 217,867,000 | 226,802,000 |
| Interest-bearing deposits | 176,425,000 | 178,793,000 | 187,524,000 | 192,049,000 |
| Noninterest-bearing deposits | 25,902,000 | 28,632,000 | 30,343,000 | 34,753,000 |
| Equity capital | 17,336,000 | 18,244,000 | 19,373,000 | 19,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,895,000 | 7,908,000 | 12,000,000 | 16,092,000 |
| Interest expense | 1,852,000 | 3,620,000 | 5,310,000 | 6,951,000 |
| Net interest income | 2,043,000 | 4,288,000 | 6,690,000 | 9,141,000 |
| Noninterest income | 376,000 | 894,000 | 1,492,000 | 2,133,000 |
| Noninterest expense | 1,659,000 | 3,503,000 | 5,315,000 | 7,349,000 |
| Provision for loan losses | 135,000 | 345,000 | 555,000 | 1,477,000 |
| Pretax income | 625,000 | 1,334,000 | 2,312,000 | 2,448,000 |
| Income tax | 0 | 2,000 | 3,000 | 4,000 |
| Net income | 625,000 | 1,332,000 | 2,309,000 | 2,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,175,000 | 17,373,000 | 17,980,000 | 18,008,000 |
| Total capital | 18,772,000 | 18,866,000 | 19,647,000 | 19,743,000 |
| Risk-weighted assets | 174,205,000 | 180,887,000 | 185,559,000 | 191,073,000 |