Call reports 2011
FIRST STATE BANK MINNESOTA — 2011
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 60,721,000 | 60,232,000 | 63,092,000 | 65,780,000 |
| Total loans | 32,590,000 | 33,241,000 | 32,916,000 | 33,377,000 |
| Allowance for loan losses | 450,000 | 459,000 | 466,000 | 404,000 |
| Securities available for sale | 20,212,000 | 20,570,000 | 21,059,000 | 21,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,244,000 | 54,443,000 | 57,118,000 | 59,783,000 |
| Interest-bearing deposits | 45,663,000 | 45,573,000 | 47,311,000 | 47,651,000 |
| Noninterest-bearing deposits | 9,581,000 | 8,870,000 | 9,807,000 | 12,132,000 |
| Equity capital | 4,891,000 | 5,211,000 | 5,411,000 | 5,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 628,000 | 1,268,000 | 1,901,000 | 2,524,000 |
| Interest expense | 123,000 | 242,000 | 353,000 | 447,000 |
| Net interest income | 505,000 | 1,026,000 | 1,548,000 | 2,077,000 |
| Noninterest income | 79,000 | 142,000 | 216,000 | 291,000 |
| Noninterest expense | 446,000 | 875,000 | 1,259,000 | 1,699,000 |
| Provision for loan losses | 9,000 | 15,000 | 21,000 | 27,000 |
| Pretax income | 129,000 | 278,000 | 484,000 | 642,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 129,000 | 277,000 | 483,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,714,000 | 4,862,000 | 5,019,000 | 5,110,000 |
| Total capital | 5,164,000 | 5,319,000 | 5,481,000 | 5,514,000 |
| Risk-weighted assets | 36,708,000 | 36,587,000 | 36,918,000 | 37,916,000 |