Call reports 2008
BANK OF ELK RIVER, THE — 2008
What BANK OF ELK RIVER, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 446,017,000 | 437,266,000 | 454,875,000 | 468,807,000 |
| Total loans | 324,915,000 | 339,534,000 | 355,501,000 | 367,247,000 |
| Allowance for loan losses | 3,910,000 | 3,662,000 | 3,709,000 | 3,999,000 |
| Securities available for sale | 68,679,000 | 67,518,000 | 69,519,000 | 71,311,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,284,000 | 373,902,000 | 380,069,000 | 383,274,000 |
| Interest-bearing deposits | 351,068,000 | 330,141,000 | 330,516,000 | 340,191,000 |
| Noninterest-bearing deposits | 42,216,000 | 43,761,000 | 49,553,000 | 43,082,000 |
| Equity capital | 33,974,000 | 33,068,000 | 34,231,000 | 36,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,710,000 | 13,157,000 | 19,882,000 | 26,630,000 |
| Interest expense | 3,543,000 | 6,790,000 | 9,928,000 | 13,035,000 |
| Net interest income | 3,167,000 | 6,367,000 | 9,954,000 | 13,595,000 |
| Noninterest income | 858,000 | 1,781,000 | 2,774,000 | 3,731,000 |
| Noninterest expense | 2,922,000 | 5,997,000 | 9,046,000 | 12,293,000 |
| Provision for loan losses | 180,000 | 360,000 | 600,000 | 1,370,000 |
| Pretax income | 923,000 | 1,791,000 | 3,082,000 | 3,658,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | 922,000 | 1,788,000 | 3,078,000 | 3,653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,186,000 | 33,666,000 | 34,531,000 | 35,931,000 |
| Total capital | 37,096,000 | 37,328,000 | 38,240,000 | 39,930,000 |
| Risk-weighted assets | 347,550,000 | 357,500,000 | 372,960,000 | 382,949,000 |