Call reports 2022
FIRST STATE BANK MINNESOTA — 2022
What FIRST STATE BANK MINNESOTA reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 97,870,000 | 100,636,000 | 95,200,000 | 93,409,000 |
| Total loans | 56,799,000 | 60,462,000 | 59,935,000 | 65,239,000 |
| Allowance for loan losses | 822,000 | 837,000 | 853,000 | 868,000 |
| Securities available for sale | 2,617,000 | 13,589,000 | 13,114,000 | 13,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,157,000 | 90,936,000 | 85,782,000 | 83,505,000 |
| Interest-bearing deposits | 65,019,000 | 65,693,000 | 59,985,000 | 54,042,000 |
| Noninterest-bearing deposits | 23,138,000 | 25,243,000 | 25,797,000 | 29,463,000 |
| Equity capital | 8,590,000 | 8,559,000 | 8,258,000 | 8,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 831,000 | 1,608,000 | 2,500,000 | 3,456,000 |
| Interest expense | 55,000 | 117,000 | 179,000 | 239,000 |
| Net interest income | 776,000 | 1,491,000 | 2,321,000 | 3,217,000 |
| Noninterest income | 150,000 | 198,000 | 256,000 | 307,000 |
| Noninterest expense | 506,000 | 1,002,000 | 1,504,000 | 2,066,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 400,000 | 644,000 | 1,015,000 | 1,385,000 |
| Income tax | 29,000 | 61,000 | 91,000 | 61,000 |
| Net income | 371,000 | 583,000 | 924,000 | 1,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,611,000 | 8,750,000 | 8,929,000 | 9,329,000 |
| Total capital | — | — | 9,652,000 | — |
| Risk-weighted assets | — | — | 57,749,000 | — |