Call reports 2007
BANK OF ELK RIVER, THE — 2007
What BANK OF ELK RIVER, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 402,489,000 | 411,270,000 | 415,787,000 | 421,980,000 |
| Total loans | 321,686,000 | 332,536,000 | 334,546,000 | 334,982,000 |
| Allowance for loan losses | 3,535,000 | 3,682,000 | 3,816,000 | 3,741,000 |
| Securities available for sale | 52,117,000 | 53,293,000 | 55,132,000 | 56,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 363,572,000 | 367,256,000 | 373,566,000 | 379,418,000 |
| Interest-bearing deposits | 316,181,000 | 321,799,000 | 327,125,000 | 336,070,000 |
| Noninterest-bearing deposits | 47,391,000 | 45,457,000 | 46,441,000 | 43,348,000 |
| Equity capital | 30,593,000 | 30,064,000 | 32,130,000 | 33,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,568,000 | 13,461,000 | 20,526,000 | 27,454,000 |
| Interest expense | 3,390,000 | 6,943,000 | 10,620,000 | 14,311,000 |
| Net interest income | 3,178,000 | 6,518,000 | 9,906,000 | 13,143,000 |
| Noninterest income | 847,000 | 1,755,000 | 2,675,000 | 3,632,000 |
| Noninterest expense | 2,943,000 | 5,955,000 | 8,959,000 | 12,100,000 |
| Provision for loan losses | 110,000 | 275,000 | 440,000 | 605,000 |
| Pretax income | 972,000 | 2,043,000 | 3,182,000 | 4,069,000 |
| Income tax | 1,000 | 2,000 | 4,000 | 5,000 |
| Net income | 971,000 | 2,041,000 | 3,178,000 | 4,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,896,000 | 31,258,000 | 32,638,000 | 33,296,000 |
| Total capital | 34,431,000 | 34,940,000 | 36,454,000 | 37,037,000 |
| Risk-weighted assets | 333,610,000 | 344,929,000 | 347,280,000 | 348,042,000 |