Call reports 2023
BANK OF ELK RIVER, THE — 2023
What BANK OF ELK RIVER, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 636,854,000 | 634,106,000 | 640,648,000 | 665,281,000 |
| Total loans | 361,585,000 | 360,112,000 | 369,376,000 | 386,236,000 |
| Allowance for loan losses | 4,076,000 | 3,992,000 | 4,000,000 | 4,144,000 |
| Securities available for sale | 187,361,000 | 182,080,000 | 179,557,000 | 186,285,000 |
| Securities held to maturity | 63,367,000 | 63,890,000 | 64,418,000 | 64,945,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 611,460,000 | 608,479,000 | 618,675,000 | 632,259,000 |
| Interest-bearing deposits | 432,227,000 | 439,798,000 | 442,739,000 | 459,340,000 |
| Noninterest-bearing deposits | 179,233,000 | 168,681,000 | 175,936,000 | 172,919,000 |
| Equity capital | 23,114,000 | 22,970,000 | 19,133,000 | 30,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,855,000 | 11,918,000 | 18,313,000 | 25,044,000 |
| Interest expense | 666,000 | 1,860,000 | 3,472,000 | 5,405,000 |
| Net interest income | 5,189,000 | 10,058,000 | 14,841,000 | 19,639,000 |
| Noninterest income | 1,079,000 | 2,489,000 | 3,845,000 | 4,986,000 |
| Noninterest expense | 4,359,000 | 8,876,000 | 13,406,000 | 17,721,000 |
| Provision for loan losses | 222,000 | 97,000 | 97,000 | 295,000 |
| Pretax income | 1,537,000 | 3,424,000 | 5,033,000 | 6,430,000 |
| Income tax | 139,000 | 253,000 | 343,000 | 399,000 |
| Net income | 1,398,000 | 3,171,000 | 4,690,000 | 6,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,147,000 | 55,679,000 | 56,529,000 | 57,870,000 |
| Total capital | 59,373,000 | 59,822,000 | 60,679,000 | 62,193,000 |
| Risk-weighted assets | 384,048,000 | 392,283,000 | 402,434,000 | 414,786,000 |