Call reports 2008
PRIOR LAKE STATE BANK — 2008
What PRIOR LAKE STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 181,787,000 | 183,620,000 | 181,619,000 | 173,153,000 |
| Total loans | 129,153,000 | 138,026,000 | 133,713,000 | 130,235,000 |
| Allowance for loan losses | 2,079,000 | 2,255,000 | 2,353,000 | 2,477,000 |
| Securities available for sale | 28,548,000 | 29,164,000 | 28,759,000 | 33,944,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,239,000 | 160,612,000 | 157,571,000 | 148,992,000 |
| Interest-bearing deposits | 144,939,000 | 148,116,000 | 145,059,000 | 138,626,000 |
| Noninterest-bearing deposits | 13,300,000 | 12,496,000 | 12,512,000 | 10,366,000 |
| Equity capital | 21,998,000 | 21,704,000 | 22,407,000 | 22,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,769,000 | 5,432,000 | 7,997,000 | 10,470,000 |
| Interest expense | 868,000 | 1,631,000 | 2,345,000 | 2,940,000 |
| Net interest income | 1,901,000 | 3,801,000 | 5,652,000 | 7,530,000 |
| Noninterest income | 253,000 | 535,000 | 793,000 | 1,076,000 |
| Noninterest expense | 1,041,000 | 2,061,000 | 2,925,000 | 3,839,000 |
| Provision for loan losses | 0 | 215,000 | 815,000 | 1,415,000 |
| Pretax income | 1,113,000 | 2,060,000 | 2,705,000 | 3,352,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,113,000 | 2,060,000 | 2,705,000 | 3,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,474,000 | 21,371,000 | 22,016,000 | 22,312,000 |
| Total capital | 23,309,000 | 23,304,000 | 23,896,000 | 24,080,000 |
| Risk-weighted assets | 145,961,000 | 154,291,000 | 149,516,000 | 140,078,000 |