Call reports 2005
FLAGSHIP BANK MINNESOTA — 2005
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 122,498,000 | 130,047,000 | 129,670,000 | 136,625,000 |
| Total loans | 97,293,000 | 102,899,000 | 105,453,000 | 110,145,000 |
| Allowance for loan losses | 1,089,000 | 1,184,000 | 1,534,000 | 1,593,000 |
| Securities available for sale | 14,403,000 | 14,509,000 | 14,371,000 | 16,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,815,000 | 103,499,000 | 101,070,000 | 106,131,000 |
| Interest-bearing deposits | 76,943,000 | 80,981,000 | 80,977,000 | 83,028,000 |
| Noninterest-bearing deposits | 19,872,000 | 22,518,000 | 20,093,000 | 23,103,000 |
| Equity capital | 10,118,000 | 10,490,000 | 10,721,000 | 11,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,723,000 | 3,676,000 | 5,833,000 | 8,034,000 |
| Interest expense | 452,000 | 1,036,000 | 1,732,000 | 2,480,000 |
| Net interest income | 1,271,000 | 2,640,000 | 4,101,000 | 5,554,000 |
| Noninterest income | 170,000 | 364,000 | 597,000 | 850,000 |
| Noninterest expense | 1,230,000 | 2,528,000 | 3,801,000 | 4,996,000 |
| Provision for loan losses | 70,000 | 175,000 | 769,000 | 841,000 |
| Pretax income | 141,000 | 301,000 | 128,000 | 544,000 |
| Income tax | 3,000 | 3,000 | 4,000 | 4,000 |
| Net income | 138,000 | 298,000 | 124,000 | 540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,657,000 | 9,888,000 | 10,213,000 | 10,629,000 |
| Total capital | 10,746,000 | 11,072,000 | 11,621,000 | 12,101,000 |
| Risk-weighted assets | 103,874,000 | 110,358,000 | 112,576,000 | 117,618,000 |