Call reports 2010
BANK OF ELK RIVER, THE — 2010
What BANK OF ELK RIVER, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 488,458,000 | 451,300,000 | 433,265,000 | 416,219,000 |
| Total loans | 364,898,000 | 344,699,000 | 327,827,000 | 314,724,000 |
| Allowance for loan losses | 5,657,000 | 8,352,000 | 9,831,000 | 10,413,000 |
| Securities available for sale | 49,677,000 | 51,076,000 | 52,222,000 | 50,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,410,000 | 399,470,000 | 391,048,000 | 380,324,000 |
| Interest-bearing deposits | 370,699,000 | 354,856,000 | 344,043,000 | 332,176,000 |
| Noninterest-bearing deposits | 41,711,000 | 44,614,000 | 47,005,000 | 48,148,000 |
| Equity capital | 41,559,000 | 38,670,000 | 36,042,000 | 29,697,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,175,000 | 11,915,000 | 17,399,000 | 22,457,000 |
| Interest expense | 2,366,000 | 4,508,000 | 6,263,000 | 7,828,000 |
| Net interest income | 3,809,000 | 7,407,000 | 11,136,000 | 14,629,000 |
| Noninterest income | 997,000 | -215,000 | 46,000 | -368,000 |
| Noninterest expense | 3,413,000 | 7,518,000 | 11,224,000 | 15,494,000 |
| Provision for loan losses | 1,620,000 | 6,970,000 | 12,245,000 | 17,995,000 |
| Pretax income | -227,000 | -7,296,000 | -12,287,000 | -18,877,000 |
| Income tax | 1,000 | -4,206,000 | -6,342,000 | -7,297,000 |
| Net income | -228,000 | -3,090,000 | -5,945,000 | -11,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,799,000 | 34,218,000 | 29,377,000 | 22,313,000 |
| Total capital | 45,593,000 | 38,752,000 | 33,718,000 | 26,505,000 |
| Risk-weighted assets | 382,640,000 | 358,929,000 | 341,821,000 | 329,116,000 |