Call reports 2003
FIRST STATE BANK MINNESOTA — 2003
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 48,691,000 | 49,946,000 | 50,891,000 | 50,216,000 |
| Total loans | 26,179,000 | 27,896,000 | 29,634,000 | 30,332,000 |
| Allowance for loan losses | 391,000 | 392,000 | 398,000 | 399,000 |
| Securities available for sale | 16,314,000 | 16,207,000 | 14,647,000 | 15,417,000 |
| Securities held to maturity | 635,000 | 485,000 | 485,000 | 485,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,091,000 | 44,435,000 | 44,922,000 | 45,096,000 |
| Interest-bearing deposits | 36,754,000 | 37,280,000 | 37,835,000 | 38,737,000 |
| Noninterest-bearing deposits | 6,337,000 | 7,155,000 | 7,087,000 | 6,359,000 |
| Equity capital | 4,278,000 | 4,188,000 | 4,145,000 | 4,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 681,000 | 1,369,000 | 2,081,000 | 2,778,000 |
| Interest expense | 217,000 | 429,000 | 626,000 | 829,000 |
| Net interest income | 464,000 | 940,000 | 1,455,000 | 1,949,000 |
| Noninterest income | 92,000 | 581,000 | 672,000 | 783,000 |
| Noninterest expense | 381,000 | 789,000 | 1,171,000 | 1,640,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 169,000 | 720,000 | 938,000 | 1,068,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 168,000 | 719,000 | 937,000 | 1,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,820,000 | 3,615,000 | 3,796,000 | 3,925,000 |
| Total capital | 4,211,000 | 4,007,000 | 4,194,000 | 4,324,000 |
| Risk-weighted assets | 32,449,000 | 33,332,000 | 36,029,000 | 36,494,000 |