Call reports 2007
FLAGSHIP BANK MINNESOTA — 2007
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 118,138,000 | 119,693,000 | 123,927,000 | 126,125,000 |
| Total loans | 90,964,000 | 94,660,000 | 100,799,000 | 106,741,000 |
| Allowance for loan losses | 1,519,000 | 1,495,000 | 1,454,000 | 1,425,000 |
| Securities available for sale | 11,779,000 | 11,578,000 | 11,595,000 | 12,092,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,616,000 | 98,327,000 | 101,870,000 | 102,573,000 |
| Interest-bearing deposits | 77,343,000 | 83,118,000 | 87,293,000 | 86,320,000 |
| Noninterest-bearing deposits | 18,273,000 | 15,209,000 | 14,577,000 | 16,253,000 |
| Equity capital | 11,578,000 | 11,542,000 | 11,836,000 | 12,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,104,000 | 4,264,000 | 6,563,000 | 8,884,000 |
| Interest expense | 938,000 | 2,004,000 | 3,150,000 | 4,258,000 |
| Net interest income | 1,166,000 | 2,260,000 | 3,413,000 | 4,626,000 |
| Noninterest income | 154,000 | 290,000 | 435,000 | 568,000 |
| Noninterest expense | 1,123,000 | 2,180,000 | 3,234,000 | 4,343,000 |
| Provision for loan losses | 25,000 | 25,000 | 50,000 | 145,000 |
| Pretax income | 172,000 | 345,000 | 564,000 | 706,000 |
| Income tax | 0 | 0 | 1,000 | 2,000 |
| Net income | 172,000 | 345,000 | 563,000 | 704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,682,000 | 11,732,000 | 11,900,000 | 12,041,000 |
| Total capital | 12,935,000 | 13,003,000 | 13,354,000 | 13,466,000 |
| Risk-weighted assets | 99,994,000 | 101,284,000 | 116,611,000 | 118,286,000 |