Call reports 2021
BANK OF ELK RIVER, THE — 2021
What BANK OF ELK RIVER, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 619,162,000 | 609,803,000 | 629,280,000 | 635,628,000 |
| Total loans | 355,668,000 | 336,003,000 | 314,246,000 | 313,023,000 |
| Allowance for loan losses | 5,288,000 | 5,299,000 | 5,109,000 | 5,112,000 |
| Securities available for sale | 170,081,000 | 197,381,000 | 225,486,000 | 263,488,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 567,232,000 | 557,763,000 | 576,308,000 | 582,128,000 |
| Interest-bearing deposits | 395,340,000 | 393,653,000 | 400,796,000 | 408,877,000 |
| Noninterest-bearing deposits | 171,892,000 | 164,110,000 | 175,512,000 | 173,251,000 |
| Equity capital | 49,503,000 | 50,557,000 | 51,163,000 | 51,130,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,992,000 | 9,925,000 | 15,108,000 | 19,954,000 |
| Interest expense | 330,000 | 621,000 | 883,000 | 1,122,000 |
| Net interest income | 4,662,000 | 9,304,000 | 14,225,000 | 18,832,000 |
| Noninterest income | 1,108,000 | 2,383,000 | 3,561,000 | 4,805,000 |
| Noninterest expense | 3,850,000 | 7,789,000 | 12,049,000 | 16,401,000 |
| Provision for loan losses | 165,000 | 165,000 | 165,000 | 165,000 |
| Pretax income | 1,755,000 | 3,733,000 | 5,572,000 | 7,071,000 |
| Income tax | 10,000 | 10,000 | 10,000 | 565,000 |
| Net income | 1,745,000 | 3,723,000 | 5,562,000 | 6,506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,316,000 | 46,986,000 | 48,200,000 | 49,145,000 |
| Total capital | 50,234,000 | 50,944,000 | 52,174,000 | 53,269,000 |
| Risk-weighted assets | 312,107,000 | 315,319,000 | 316,821,000 | 328,994,000 |