Call reports 2012
FLAGSHIP BANK MINNESOTA — 2012
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 105,517,000 | 94,485,000 | 93,409,000 | 89,857,000 |
| Total loans | 72,347,000 | 69,337,000 | 64,699,000 | 62,307,000 |
| Allowance for loan losses | 1,803,000 | 1,411,000 | 1,302,000 | 1,344,000 |
| Securities available for sale | 11,209,000 | 5,545,000 | 5,692,000 | 8,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,771,000 | 81,942,000 | 80,720,000 | 78,750,000 |
| Interest-bearing deposits | 76,669,000 | 69,344,000 | 66,484,000 | 62,873,000 |
| Noninterest-bearing deposits | 14,102,000 | 12,598,000 | 14,236,000 | 15,877,000 |
| Equity capital | 8,028,000 | 7,919,000 | 7,985,000 | 7,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,126,000 | 2,239,000 | 3,338,000 | 4,282,000 |
| Interest expense | 280,000 | 527,000 | 722,000 | 904,000 |
| Net interest income | 846,000 | 1,712,000 | 2,616,000 | 3,378,000 |
| Noninterest income | 107,000 | 224,000 | 357,000 | 838,000 |
| Noninterest expense | 1,045,000 | 2,126,000 | 3,121,000 | 4,167,000 |
| Provision for loan losses | 140,000 | 140,000 | 140,000 | 416,000 |
| Pretax income | -232,000 | -216,000 | -152,000 | -169,000 |
| Income tax | -79,000 | -81,000 | -51,000 | -195,000 |
| Net income | -153,000 | -135,000 | -101,000 | 26,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,947,000 | 3,954,000 | 4,019,000 | 4,187,000 |
| Total capital | 4,910,000 | 4,881,000 | 4,901,000 | 5,054,000 |
| Risk-weighted assets | 76,192,000 | 73,683,000 | 70,102,000 | 68,913,000 |