Call reports 2016
BANK OF ELK RIVER, THE — 2016
What BANK OF ELK RIVER, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 375,026,000 | 376,229,000 | 395,634,000 | 393,607,000 |
| Total loans | 242,150,000 | 239,870,000 | 239,673,000 | 251,397,000 |
| Allowance for loan losses | 3,519,000 | 3,288,000 | 2,953,000 | 2,992,000 |
| Securities available for sale | 93,630,000 | 96,448,000 | 100,437,000 | 109,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,341,000 | 337,769,000 | 356,697,000 | 357,431,000 |
| Interest-bearing deposits | 261,715,000 | 264,001,000 | 272,158,000 | 280,026,000 |
| Noninterest-bearing deposits | 75,626,000 | 73,768,000 | 84,539,000 | 77,405,000 |
| Equity capital | 36,596,000 | 37,509,000 | 37,912,000 | 35,708,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,491,000 | 7,028,000 | 10,577,000 | 14,166,000 |
| Interest expense | 229,000 | 458,000 | 692,000 | 930,000 |
| Net interest income | 3,262,000 | 6,570,000 | 9,885,000 | 13,236,000 |
| Noninterest income | 926,000 | 1,795,000 | 3,071,000 | 4,118,000 |
| Noninterest expense | 2,905,000 | 5,733,000 | 8,716,000 | 11,556,000 |
| Provision for loan losses | -400,000 | -650,000 | -1,000,000 | -1,000,000 |
| Pretax income | 1,760,000 | 3,394,000 | 5,352,000 | 6,910,000 |
| Income tax | 697,000 | 1,336,000 | 2,096,000 | 2,689,000 |
| Net income | 1,063,000 | 2,058,000 | 3,256,000 | 4,221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,522,000 | 34,343,000 | 35,340,000 | 36,055,000 |
| Total capital | 36,807,000 | 37,583,000 | 38,293,000 | 39,047,000 |
| Risk-weighted assets | 261,714,000 | 258,459,000 | 256,121,000 | 269,876,000 |