Call reports 2024
BANK OF ELK RIVER, THE — 2024
What BANK OF ELK RIVER, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 659,008,000 | 675,454,000 | 690,087,000 | 677,473,000 |
| Total loans | 386,514,000 | 409,492,000 | 405,262,000 | 408,397,000 |
| Allowance for loan losses | 4,259,000 | 4,417,000 | 4,256,000 | 4,220,000 |
| Securities available for sale | 182,470,000 | 174,505,000 | 178,409,000 | 175,265,000 |
| Securities held to maturity | 65,453,000 | 65,564,000 | 66,061,000 | 66,557,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 621,594,000 | 612,098,000 | 638,016,000 | 634,148,000 |
| Interest-bearing deposits | 451,924,000 | 458,178,000 | 470,113,000 | 474,134,000 |
| Noninterest-bearing deposits | 169,670,000 | 153,920,000 | 167,903,000 | 160,014,000 |
| Equity capital | 29,617,000 | 30,597,000 | 38,051,000 | 35,176,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,920,000 | 14,348,000 | 22,119,000 | 29,966,000 |
| Interest expense | 2,258,000 | 4,803,000 | 7,617,000 | 10,260,000 |
| Net interest income | 4,662,000 | 9,545,000 | 14,502,000 | 19,706,000 |
| Noninterest income | 1,032,000 | 2,219,000 | 3,391,000 | 4,413,000 |
| Noninterest expense | 4,606,000 | 9,118,000 | 13,702,000 | 18,130,000 |
| Provision for loan losses | 150,000 | 325,000 | 133,000 | 133,000 |
| Pretax income | 938,000 | 2,321,000 | 3,816,000 | 5,614,000 |
| Income tax | 46,000 | 127,000 | 211,000 | 305,000 |
| Net income | 892,000 | 2,194,000 | 3,605,000 | 5,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,333,000 | 59,069,000 | 59,971,000 | 61,425,000 |
| Total capital | 62,771,000 | 63,665,000 | 64,648,000 | 66,065,000 |
| Risk-weighted assets | 414,702,000 | 438,009,000 | 437,151,000 | 437,617,000 |