Call reports 2013
BANK OF ELK RIVER, THE — 2013
What BANK OF ELK RIVER, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 357,766,000 | 349,052,000 | 361,536,000 | 355,437,000 |
| Total loans | 238,132,000 | 232,173,000 | 232,920,000 | 235,795,000 |
| Allowance for loan losses | 8,136,000 | 8,341,000 | 7,731,000 | 7,057,000 |
| Securities available for sale | 60,415,000 | 61,225,000 | 64,264,000 | 67,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,176,000 | 318,719,000 | 330,031,000 | 323,914,000 |
| Interest-bearing deposits | 272,347,000 | 263,260,000 | 266,798,000 | 261,329,000 |
| Noninterest-bearing deposits | 54,829,000 | 55,459,000 | 63,233,000 | 62,585,000 |
| Equity capital | 29,738,000 | 29,607,000 | 30,580,000 | 30,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,609,000 | 7,239,000 | 10,870,000 | 14,452,000 |
| Interest expense | 599,000 | 1,162,000 | 1,676,000 | 2,141,000 |
| Net interest income | 3,010,000 | 6,077,000 | 9,194,000 | 12,311,000 |
| Noninterest income | -830,000 | 156,000 | 1,006,000 | 1,815,000 |
| Noninterest expense | 2,798,000 | 5,297,000 | 8,130,000 | 11,150,000 |
| Provision for loan losses | 0 | 85,000 | 85,000 | 85,000 |
| Pretax income | -618,000 | 851,000 | 1,985,000 | 2,891,000 |
| Income tax | -278,000 | 286,000 | 711,000 | 1,037,000 |
| Net income | -340,000 | 565,000 | 1,274,000 | 1,854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,192,000 | 21,265,000 | 22,679,000 | 23,692,000 |
| Total capital | 23,361,000 | 24,343,000 | 25,759,000 | 26,783,000 |
| Risk-weighted assets | 248,547,000 | 240,990,000 | 241,710,000 | 243,295,000 |