Call reports 2013
FLAGSHIP BANK MINNESOTA — 2013
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 93,659,000 | 94,265,000 | 96,715,000 | 90,636,000 |
| Total loans | 62,624,000 | 62,881,000 | 63,926,000 | 62,443,000 |
| Allowance for loan losses | 1,156,000 | 1,148,000 | 978,000 | 772,000 |
| Securities available for sale | 8,980,000 | 8,465,000 | 9,505,000 | 9,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,402,000 | 82,314,000 | 83,624,000 | 77,907,000 |
| Interest-bearing deposits | 68,440,000 | 69,415,000 | 67,143,000 | 60,490,000 |
| Noninterest-bearing deposits | 15,962,000 | 12,899,000 | 16,481,000 | 17,417,000 |
| Equity capital | 8,119,000 | 11,050,000 | 12,199,000 | 11,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 904,000 | 2,200,000 | 3,148,000 | 4,061,000 |
| Interest expense | 158,000 | 346,000 | 495,000 | 637,000 |
| Net interest income | 746,000 | 1,854,000 | 2,653,000 | 3,424,000 |
| Noninterest income | 117,000 | 822,000 | 917,000 | 1,035,000 |
| Noninterest expense | 931,000 | 2,642,000 | 3,481,000 | 4,358,000 |
| Provision for loan losses | 83,000 | 794,000 | 794,000 | 1,051,000 |
| Pretax income | -151,000 | -713,000 | -658,000 | -903,000 |
| Income tax | -66,000 | -303,000 | -286,000 | -389,000 |
| Net income | -85,000 | -410,000 | -372,000 | -514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,326,000 | 6,912,000 | 8,098,000 | 7,761,000 |
| Total capital | 5,165,000 | 7,755,000 | 8,953,000 | 8,533,000 |
| Risk-weighted assets | 66,872,000 | 67,117,000 | 68,248,000 | 65,496,000 |