Call reports 2021
FIRST STATE BANK MINNESOTA — 2021
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 86,379,000 | 89,046,000 | 90,423,000 | 93,611,000 |
| Total loans | 49,527,000 | 54,154,000 | 57,001,000 | 56,396,000 |
| Allowance for loan losses | 820,000 | 838,000 | 853,000 | 808,000 |
| Securities available for sale | 5,536,000 | 5,178,000 | 5,104,000 | 4,467,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,047,000 | 79,491,000 | 80,724,000 | 83,912,000 |
| Interest-bearing deposits | 54,483,000 | 56,732,000 | 57,896,000 | 60,291,000 |
| Noninterest-bearing deposits | 22,564,000 | 22,759,000 | 22,828,000 | 23,621,000 |
| Equity capital | 8,144,000 | 8,353,000 | 8,471,000 | 8,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 630,000 | 1,485,000 | 2,295,000 | 3,056,000 |
| Interest expense | 51,000 | 105,000 | 164,000 | 222,000 |
| Net interest income | 579,000 | 1,380,000 | 2,131,000 | 2,834,000 |
| Noninterest income | 38,000 | 83,000 | 135,000 | 191,000 |
| Noninterest expense | 463,000 | 897,000 | 1,338,000 | 1,827,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 148,000 | 546,000 | 899,000 | 1,162,000 |
| Income tax | 0 | 1,000 | 1,000 | 120,000 |
| Net income | 148,000 | 545,000 | 898,000 | 1,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,102,000 | 8,316,000 | 8,438,000 | 8,490,000 |