Call reports 2017
FLAGSHIP BANK MINNESOTA — 2017
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 198,126,000 | 199,011,000 | 202,822,000 | 204,687,000 |
| Total loans | 144,277,000 | 153,815,000 | 160,999,000 | 164,256,000 |
| Allowance for loan losses | 872,000 | 943,000 | 1,009,000 | 1,020,000 |
| Securities available for sale | 14,093,000 | 13,968,000 | 13,725,000 | 13,469,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,545,000 | 175,977,000 | 177,036,000 | 173,258,000 |
| Interest-bearing deposits | 141,506,000 | 136,580,000 | 141,228,000 | 136,801,000 |
| Noninterest-bearing deposits | 33,039,000 | 39,397,000 | 35,808,000 | 36,457,000 |
| Equity capital | 22,681,000 | 22,277,000 | 22,663,000 | 22,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,942,000 | 4,078,000 | 6,237,000 | 8,534,000 |
| Interest expense | 206,000 | 416,000 | 649,000 | 928,000 |
| Net interest income | 1,736,000 | 3,662,000 | 5,588,000 | 7,606,000 |
| Noninterest income | 132,000 | 362,000 | 634,000 | 980,000 |
| Noninterest expense | 1,498,000 | 3,097,000 | 4,592,000 | 6,274,000 |
| Provision for loan losses | 22,000 | 22,000 | 22,000 | 22,000 |
| Pretax income | 348,000 | 905,000 | 1,608,000 | 2,290,000 |
| Income tax | 135,000 | 352,000 | 637,000 | 1,850,000 |
| Net income | 213,000 | 553,000 | 971,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,063,000 | 17,922,000 | 18,730,000 | 19,261,000 |
| Total capital | 18,935,000 | 18,865,000 | 19,739,000 | 20,281,000 |
| Risk-weighted assets | 143,092,000 | 152,064,000 | 156,127,000 | 158,137,000 |