Call reports 2019
FLAGSHIP BANK MINNESOTA — 2019
What FLAGSHIP BANK MINNESOTA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 222,141,000 | 231,535,000 | 249,249,000 | 239,153,000 |
| Total loans | 184,318,000 | 194,672,000 | 201,791,000 | 207,310,000 |
| Allowance for loan losses | 1,137,000 | 1,145,000 | 1,147,000 | 1,188,000 |
| Securities available for sale | 15,634,000 | 10,355,000 | 8,766,000 | 7,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,787,000 | 197,897,000 | 216,530,000 | 205,966,000 |
| Interest-bearing deposits | 162,845,000 | 162,360,000 | 178,348,000 | 169,892,000 |
| Noninterest-bearing deposits | 33,942,000 | 35,537,000 | 38,182,000 | 36,074,000 |
| Equity capital | 23,788,000 | 24,464,000 | 23,955,000 | 24,688,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,766,000 | 5,534,000 | 8,405,000 | 11,442,000 |
| Interest expense | 510,000 | 1,065,000 | 1,630,000 | 2,186,000 |
| Net interest income | 2,256,000 | 4,469,000 | 6,775,000 | 9,256,000 |
| Noninterest income | 168,000 | 391,000 | 587,000 | 838,000 |
| Noninterest expense | 1,508,000 | 3,060,000 | 4,628,000 | 6,335,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 901,000 | 1,785,000 | 2,719,000 | 3,744,000 |
| Income tax | 262,000 | 520,000 | 792,000 | 1,091,000 |
| Net income | 639,000 | 1,265,000 | 1,927,000 | 2,653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,993,000 | 22,924,000 | 22,694,000 | 23,731,000 |
| Total capital | 23,130,000 | 24,069,000 | 23,841,000 | 24,919,000 |
| Risk-weighted assets | 176,143,000 | 183,977,000 | 189,385,000 | 192,341,000 |