Call reports 2020
BANK OF ELK RIVER, THE — 2020
What BANK OF ELK RIVER, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 470,783,000 | 546,490,000 | 565,333,000 | 583,201,000 |
| Total loans | 306,866,000 | 366,439,000 | 369,516,000 | 343,974,000 |
| Allowance for loan losses | 3,473,000 | 4,345,000 | 4,751,000 | 5,127,000 |
| Securities available for sale | 133,431,000 | 141,822,000 | 147,195,000 | 152,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 423,669,000 | 495,723,000 | 514,116,000 | 530,694,000 |
| Interest-bearing deposits | 310,894,000 | 344,785,000 | 354,469,000 | 371,201,000 |
| Noninterest-bearing deposits | 112,775,000 | 150,938,000 | 159,647,000 | 159,493,000 |
| Equity capital | 46,221,000 | 47,783,000 | 48,646,000 | 50,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,633,000 | 9,979,000 | 15,393,000 | 20,420,000 |
| Interest expense | 508,000 | 963,000 | 1,383,000 | 1,769,000 |
| Net interest income | 4,125,000 | 9,016,000 | 14,010,000 | 18,651,000 |
| Noninterest income | 1,000,000 | 1,889,000 | 3,027,000 | 4,144,000 |
| Noninterest expense | 3,600,000 | 7,049,000 | 10,683,000 | 14,378,000 |
| Provision for loan losses | 300,000 | 1,175,000 | 1,550,000 | 1,925,000 |
| Pretax income | 1,256,000 | 2,741,000 | 4,864,000 | 6,552,000 |
| Income tax | 0 | 10,000 | 10,000 | 10,000 |
| Net income | 1,256,000 | 2,731,000 | 4,854,000 | 6,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,495,000 | 42,824,000 | 43,732,000 | 45,420,000 |
| Total capital | 45,968,000 | 46,712,000 | 47,589,000 | 49,289,000 |
| Risk-weighted assets | 315,930,000 | 310,594,000 | 307,734,000 | 308,338,000 |