Call reports 2001
FLAGSHIP BANK MINNESOTA — 2001
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 53,652,000 | 54,972,000 | 58,995,000 | 62,528,000 |
| Total loans | 32,558,000 | 35,751,000 | 36,930,000 | 39,051,000 |
| Allowance for loan losses | 386,000 | 399,000 | 413,000 | 433,000 |
| Securities available for sale | 11,209,000 | 5,937,000 | 11,484,000 | 12,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,913,000 | 46,132,000 | 49,155,000 | 52,373,000 |
| Interest-bearing deposits | 37,349,000 | 39,362,000 | 41,711,000 | 43,912,000 |
| Noninterest-bearing deposits | 6,564,000 | 6,770,000 | 7,444,000 | 8,461,000 |
| Equity capital | 5,653,000 | 5,800,000 | 5,906,000 | 5,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 920,000 | 1,918,000 | 2,946,000 | 3,971,000 |
| Interest expense | 472,000 | 957,000 | 1,442,000 | 1,911,000 |
| Net interest income | 448,000 | 961,000 | 1,504,000 | 2,060,000 |
| Noninterest income | 166,000 | 313,000 | 393,000 | 538,000 |
| Noninterest expense | 592,000 | 1,151,000 | 1,732,000 | 2,301,000 |
| Provision for loan losses | 6,000 | 19,000 | 35,000 | 70,000 |
| Pretax income | 16,000 | 104,000 | 130,000 | 227,000 |
| Income tax | -24,000 | -43,000 | -25,000 | -46,000 |
| Net income | 40,000 | 147,000 | 155,000 | 273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,857,000 | 4,967,000 | 4,930,000 | 5,040,000 |
| Total capital | 5,243,000 | 5,366,000 | 5,343,000 | 5,473,000 |
| Risk-weighted assets | 39,174,000 | 41,217,000 | 42,607,000 | 46,603,000 |