Call reports 2018
FLAGSHIP BANK MINNESOTA — 2018
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 206,672,000 | 213,762,000 | 216,467,000 | 225,999,000 |
| Total loans | 167,291,000 | 172,904,000 | 179,928,000 | 181,711,000 |
| Allowance for loan losses | 1,046,000 | 1,075,000 | 1,091,000 | 1,097,000 |
| Securities available for sale | 13,171,000 | 12,996,000 | 12,810,000 | 16,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,168,000 | 180,908,000 | 192,689,000 | 202,077,000 |
| Interest-bearing deposits | 145,307,000 | 146,317,000 | 157,377,000 | 165,443,000 |
| Noninterest-bearing deposits | 31,861,000 | 34,591,000 | 35,312,000 | 36,634,000 |
| Equity capital | 21,650,000 | 22,040,000 | 22,431,000 | 23,075,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,256,000 | 4,587,000 | 7,134,000 | 9,712,000 |
| Interest expense | 316,000 | 680,000 | 1,111,000 | 1,569,000 |
| Net interest income | 1,940,000 | 3,907,000 | 6,023,000 | 8,143,000 |
| Noninterest income | 166,000 | 265,000 | 277,000 | 597,000 |
| Noninterest expense | 1,662,000 | 3,179,000 | 4,691,000 | 6,319,000 |
| Provision for loan losses | 0 | 0 | 6,000 | 6,000 |
| Pretax income | 444,000 | 993,000 | 1,603,000 | 2,415,000 |
| Income tax | 120,000 | 277,000 | 461,000 | 706,000 |
| Net income | 324,000 | 716,000 | 1,142,000 | 1,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,153,000 | 19,743,000 | 20,166,000 | 21,018,000 |
| Total capital | 20,199,000 | 20,818,000 | 21,257,000 | 22,115,000 |
| Risk-weighted assets | 161,111,000 | 164,532,000 | 170,670,000 | 172,424,000 |