Call reports 2014
BANK OF ELK RIVER, THE — 2014
What BANK OF ELK RIVER, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 355,115,000 | 350,451,000 | 359,073,000 | 357,251,000 |
| Total loans | 237,096,000 | 228,975,000 | 228,110,000 | 230,775,000 |
| Allowance for loan losses | 6,550,000 | 5,860,000 | 5,115,000 | 4,875,000 |
| Securities available for sale | 69,037,000 | 72,963,000 | 75,892,000 | 80,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,322,000 | 316,407,000 | 323,779,000 | 321,390,000 |
| Interest-bearing deposits | 262,176,000 | 254,840,000 | 254,559,000 | 255,440,000 |
| Noninterest-bearing deposits | 60,146,000 | 61,567,000 | 69,220,000 | 65,950,000 |
| Equity capital | 31,875,000 | 33,094,000 | 34,409,000 | 35,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,564,000 | 7,126,000 | 10,653,000 | 14,206,000 |
| Interest expense | 382,000 | 723,000 | 1,044,000 | 1,354,000 |
| Net interest income | 3,182,000 | 6,403,000 | 9,609,000 | 12,852,000 |
| Noninterest income | 701,000 | 1,576,000 | 2,578,000 | 3,442,000 |
| Noninterest expense | 2,725,000 | 5,602,000 | 8,339,000 | 11,252,000 |
| Provision for loan losses | 0 | 0 | -800,000 | -800,000 |
| Pretax income | 1,283,000 | 2,504,000 | 4,775,000 | 5,969,000 |
| Income tax | 487,000 | 954,000 | 1,853,000 | 2,307,000 |
| Net income | 796,000 | 1,550,000 | 2,922,000 | 3,662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,063,000 | 26,347,000 | 28,767,000 | 30,071,000 |
| Total capital | 28,175,000 | 29,380,000 | 31,795,000 | 33,107,000 |
| Risk-weighted assets | 245,526,000 | 239,790,000 | 240,177,000 | 241,033,000 |