Call reports 2011
BANK OF ELK RIVER, THE — 2011
What BANK OF ELK RIVER, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 398,147,000 | 387,101,000 | 389,253,000 | 376,526,000 |
| Total loans | 301,678,000 | 286,635,000 | 283,770,000 | 272,029,000 |
| Allowance for loan losses | 14,111,000 | 12,637,000 | 12,712,000 | 10,822,000 |
| Securities available for sale | 43,155,000 | 42,363,000 | 39,732,000 | 46,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,883,000 | 358,696,000 | 361,465,000 | 349,267,000 |
| Interest-bearing deposits | 322,756,000 | 309,212,000 | 304,188,000 | 294,093,000 |
| Noninterest-bearing deposits | 47,127,000 | 49,484,000 | 57,277,000 | 55,174,000 |
| Equity capital | 27,535,000 | 27,716,000 | 27,201,000 | 26,217,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,771,000 | 9,507,000 | 14,018,000 | 18,383,000 |
| Interest expense | 1,328,000 | 2,562,000 | 3,668,000 | 4,644,000 |
| Net interest income | 3,443,000 | 6,945,000 | 10,350,000 | 13,739,000 |
| Noninterest income | 385,000 | 869,000 | 277,000 | -263,000 |
| Noninterest expense | 3,676,000 | 7,297,000 | 10,508,000 | 13,773,000 |
| Provision for loan losses | 4,425,000 | 5,175,000 | 6,135,000 | 7,335,000 |
| Pretax income | -3,901,000 | -4,286,000 | -5,211,000 | -6,827,000 |
| Income tax | -1,659,000 | -1,877,000 | -2,314,000 | -3,023,000 |
| Net income | -2,242,000 | -2,409,000 | -2,897,000 | -3,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,457,000 | 18,303,000 | 17,359,000 | 15,689,000 |
| Total capital | 22,460,000 | 22,143,000 | 21,126,000 | 19,310,000 |
| Risk-weighted assets | 310,156,000 | 298,427,000 | 292,383,000 | 282,448,000 |