Call reports 2006
FLAGSHIP BANK MINNESOTA — 2006
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 144,795,000 | 150,522,000 | 159,963,000 | 106,033,000 |
| Total loans | 112,148,000 | 116,994,000 | 118,530,000 | 86,049,000 |
| Allowance for loan losses | 1,727,000 | 1,773,000 | 1,734,000 | 1,533,000 |
| Securities available for sale | 16,453,000 | 21,224,000 | 22,381,000 | 13,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,845,000 | 127,443,000 | 136,899,000 | 80,138,000 |
| Interest-bearing deposits | 96,423,000 | 101,115,000 | 110,471,000 | 60,965,000 |
| Noninterest-bearing deposits | 22,422,000 | 26,328,000 | 26,428,000 | 19,173,000 |
| Equity capital | 11,149,000 | 11,466,000 | 11,947,000 | 12,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,347,000 | 4,923,000 | 7,687,000 | 9,887,000 |
| Interest expense | 878,000 | 1,880,000 | 3,009,000 | 3,925,000 |
| Net interest income | 1,469,000 | 3,043,000 | 4,678,000 | 5,962,000 |
| Noninterest income | 275,000 | 516,000 | 770,000 | 3,146,000 |
| Noninterest expense | 1,398,000 | 2,840,000 | 4,363,000 | 5,745,000 |
| Provision for loan losses | 139,000 | 189,000 | 189,000 | 464,000 |
| Pretax income | 207,000 | 530,000 | 896,000 | 2,899,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | 207,000 | 529,000 | 895,000 | 2,897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,739,000 | 11,187,000 | 11,431,000 | 13,110,000 |
| Total capital | 12,258,000 | 12,772,000 | 13,051,000 | 14,317,000 |
| Risk-weighted assets | 121,340,000 | 126,596,000 | 129,499,000 | 96,387,000 |