Call reports 2015
FLAGSHIP BANK MINNESOTA — 2015
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 98,688,000 | 97,809,000 | 99,153,000 | 100,903,000 |
| Total loans | 66,644,000 | 67,222,000 | 71,651,000 | 66,441,000 |
| Allowance for loan losses | 872,000 | 881,000 | 825,000 | 892,000 |
| Securities available for sale | 9,511,000 | 9,302,000 | 8,895,000 | 8,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,044,000 | 84,708,000 | 85,845,000 | 87,503,000 |
| Interest-bearing deposits | 67,966,000 | 68,005,000 | 67,150,000 | 68,239,000 |
| Noninterest-bearing deposits | 17,078,000 | 16,703,000 | 18,695,000 | 19,264,000 |
| Equity capital | 12,901,000 | 12,903,000 | 13,149,000 | 13,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 953,000 | 1,977,000 | 2,980,000 | 4,176,000 |
| Interest expense | 111,000 | 225,000 | 335,000 | 440,000 |
| Net interest income | 842,000 | 1,752,000 | 2,645,000 | 3,736,000 |
| Noninterest income | 106,000 | 179,000 | 255,000 | 331,000 |
| Noninterest expense | 794,000 | 1,588,000 | 2,381,000 | 3,237,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 154,000 | 343,000 | 529,000 | 840,000 |
| Income tax | 57,000 | 129,000 | 199,000 | 312,000 |
| Net income | 97,000 | 214,000 | 330,000 | 528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,009,000 | 9,198,000 | 9,382,000 | 9,692,000 |
| Total capital | 9,881,000 | 10,079,000 | 10,207,000 | 10,582,000 |
| Risk-weighted assets | 71,383,000 | 72,601,000 | 75,460,000 | 71,241,000 |