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Call reports 2017

BANK OF ELK RIVER, THE — 2017

What BANK OF ELK RIVER, THE reported to the FFIEC in 2017, quarter by quarter.

PERIOD: 2017SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b5437b34-b16e-4574-9f4d-7d49983f7fee/2017

Balance sheet

What the bank holds and owes at quarter end

Measure2017Q12017Q22017Q32017Q4
Total assets408,374,000400,142,000413,318,000411,052,000
Total loans260,919,000260,867,000269,948,000277,911,000
Allowance for loan losses3,115,0003,188,0003,262,0002,985,000
Securities available for sale108,782,000105,384,00099,918,000100,183,000
Securities held to maturity0000
Trading assets0000
Total deposits370,718,000361,205,000373,492,000372,585,000
Interest-bearing deposits289,153,000282,939,000282,361,000286,461,000
Noninterest-bearing deposits81,565,00078,266,00091,131,00086,124,000
Equity capital36,813,00038,175,00038,669,00037,553,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2017Q12017Q22017Q32017Q4
Interest income3,762,0007,610,00011,508,00015,564,000
Interest expense250,000500,000753,0001,013,000
Net interest income3,512,0007,110,00010,755,00014,551,000
Noninterest income962,0001,909,0002,943,0003,931,000
Noninterest expense3,116,0006,060,0009,066,00012,380,000
Provision for loan losses-250,000-250,000-250,000-650,000
Pretax income1,608,0003,286,0005,044,0006,914,000
Income tax608,0001,208,0001,856,0002,605,000
Net income1,000,0002,078,0003,188,0004,309,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2017Q12017Q22017Q32017Q4
Tier 1 capital37,018,00037,863,00038,447,00038,095,000
Total capital40,133,00041,051,00041,709,00041,080,000
Risk-weighted assets277,708,000278,482,000285,637,000288,123,000