Call reports 2004
FIRST STATE BANK MINNESOTA — 2004
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 49,865,000 | 49,781,000 | 50,862,000 | 52,411,000 |
| Total loans | 29,661,000 | 31,739,000 | 32,814,000 | 31,327,000 |
| Allowance for loan losses | 354,000 | 352,000 | 356,000 | 360,000 |
| Securities available for sale | 14,950,000 | 13,886,000 | 13,977,000 | 14,865,000 |
| Securities held to maturity | 240,000 | 240,000 | 240,000 | 240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,256,000 | 44,303,000 | 45,035,000 | 46,664,000 |
| Interest-bearing deposits | 37,652,000 | 37,848,000 | 38,230,000 | 37,324,000 |
| Noninterest-bearing deposits | 6,604,000 | 6,455,000 | 6,805,000 | 9,340,000 |
| Equity capital | 4,226,000 | 4,163,000 | 4,543,000 | 4,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 685,000 | 1,363,000 | 2,080,000 | 2,813,000 |
| Interest expense | 193,000 | 382,000 | 577,000 | 780,000 |
| Net interest income | 492,000 | 981,000 | 1,503,000 | 2,033,000 |
| Noninterest income | 73,000 | 439,000 | 522,000 | 602,000 |
| Noninterest expense | 433,000 | 848,000 | 1,252,000 | 1,675,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 126,000 | 560,000 | 755,000 | 936,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 126,000 | 559,000 | 754,000 | 935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,725,000 | 4,143,000 | 4,285,000 | 4,424,000 |
| Total capital | 4,079,000 | 4,495,000 | 4,641,000 | 4,784,000 |
| Risk-weighted assets | 35,233,000 | 36,715,000 | 37,553,000 | 37,117,000 |