Call reports 2009
FLAGSHIP BANK MINNESOTA — 2009
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 137,071,000 | 136,683,000 | 115,775,000 | 120,743,000 |
| Total loans | 116,460,000 | 114,964,000 | 98,596,000 | 100,403,000 |
| Allowance for loan losses | 1,761,000 | 1,965,000 | 2,709,000 | 2,559,000 |
| Securities available for sale | 5,727,000 | 8,461,000 | 7,831,000 | 7,620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,446,000 | 110,310,000 | 90,227,000 | 95,906,000 |
| Interest-bearing deposits | 94,825,000 | 94,169,000 | 77,776,000 | 83,794,000 |
| Noninterest-bearing deposits | 15,621,000 | 16,141,000 | 12,451,000 | 12,112,000 |
| Equity capital | 11,833,000 | 11,715,000 | 11,749,000 | 11,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,955,000 | 3,945,000 | 5,631,000 | 7,229,000 |
| Interest expense | 784,000 | 1,548,000 | 2,178,000 | 2,762,000 |
| Net interest income | 1,171,000 | 2,397,000 | 3,453,000 | 4,467,000 |
| Noninterest income | 132,000 | 247,000 | 1,526,000 | 1,739,000 |
| Noninterest expense | 1,044,000 | 2,199,000 | 3,195,000 | 4,476,000 |
| Provision for loan losses | 84,000 | 390,000 | 1,728,000 | 2,080,000 |
| Pretax income | 175,000 | 55,000 | 56,000 | -350,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 174,000 | 54,000 | 54,000 | -352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,721,000 | 11,602,000 | 11,602,000 | 11,195,000 |
| Total capital | 13,367,000 | 13,176,000 | 12,954,000 | 12,593,000 |
| Risk-weighted assets | 131,529,000 | 128,687,000 | 109,624,000 | 111,754,000 |