Call reports 2008
FIRST STATE BANK MINNESOTA — 2008
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 55,047,000 | 54,664,000 | 55,289,000 | 55,434,000 |
| Total loans | 31,940,000 | 31,292,000 | 32,233,000 | 31,224,000 |
| Allowance for loan losses | 355,000 | 332,000 | 295,000 | 227,000 |
| Securities available for sale | 13,713,000 | 16,417,000 | 18,010,000 | 18,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,943,000 | 48,633,000 | 49,025,000 | 48,766,000 |
| Interest-bearing deposits | 40,744,000 | 40,289,000 | 41,746,000 | 40,388,000 |
| Noninterest-bearing deposits | 8,199,000 | 8,344,000 | 7,279,000 | 8,378,000 |
| Equity capital | 4,506,000 | 4,439,000 | 4,667,000 | 5,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 850,000 | 1,634,000 | 2,390,000 | 3,138,000 |
| Interest expense | 321,000 | 574,000 | 829,000 | 1,069,000 |
| Net interest income | 529,000 | 1,060,000 | 1,561,000 | 2,069,000 |
| Noninterest income | 78,000 | 166,000 | 259,000 | 365,000 |
| Noninterest expense | 470,000 | 867,000 | 1,270,000 | 1,623,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 29,000 |
| Pretax income | 131,000 | 360,000 | 545,000 | 795,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 131,000 | 360,000 | 544,000 | 794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,298,000 | 4,527,000 | 4,661,000 | 4,879,000 |
| Total capital | 4,653,000 | 4,859,000 | 4,956,000 | 5,106,000 |
| Risk-weighted assets | 38,045,000 | 35,909,000 | 37,024,000 | 36,208,000 |