Call reports 2003
BANK OF ELK RIVER, THE — 2003
What BANK OF ELK RIVER, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 255,132,000 | 257,424,000 | 265,671,000 | 263,096,000 |
| Total loans | 181,204,000 | 188,143,000 | 195,404,000 | 194,365,000 |
| Allowance for loan losses | 1,886,000 | 2,078,000 | 2,271,000 | 2,201,000 |
| Securities available for sale | 46,988,000 | 47,342,000 | 46,564,000 | 47,313,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,013,000 | 235,866,000 | 244,383,000 | 241,478,000 |
| Interest-bearing deposits | 198,146,000 | 202,068,000 | 204,958,000 | 204,130,000 |
| Noninterest-bearing deposits | 35,867,000 | 33,798,000 | 39,425,000 | 37,348,000 |
| Equity capital | 19,879,000 | 20,306,000 | 20,123,000 | 20,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,974,000 | 8,026,000 | 12,056,000 | 16,036,000 |
| Interest expense | 1,512,000 | 2,925,000 | 4,258,000 | 5,553,000 |
| Net interest income | 2,462,000 | 5,101,000 | 7,798,000 | 10,483,000 |
| Noninterest income | 555,000 | 1,228,000 | 1,990,000 | 2,523,000 |
| Noninterest expense | 1,956,000 | 3,954,000 | 6,156,000 | 8,634,000 |
| Provision for loan losses | 140,000 | 350,000 | 560,000 | 560,000 |
| Pretax income | 921,000 | 2,025,000 | 3,072,000 | 3,812,000 |
| Income tax | 1,000 | 2,000 | 4,000 | 5,000 |
| Net income | 920,000 | 2,023,000 | 3,068,000 | 3,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,504,000 | 18,713,000 | 19,334,000 | 19,985,000 |
| Total capital | 20,390,000 | 20,791,000 | 21,605,000 | 22,186,000 |
| Risk-weighted assets | 190,694,000 | 199,579,000 | 203,775,000 | 203,060,000 |