Call reports 2002
BORDER STATE BANK OF INTERNATIONAL FALLS — 2002
What BORDER STATE BANK OF INTERNATIONAL FALLS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 24,587,000 | 23,915,000 | 25,904,000 | 26,828,000 |
| Total loans | 18,194,000 | 21,186,000 | 22,521,000 | 23,765,000 |
| Allowance for loan losses | 243,000 | 265,000 | 288,000 | 310,000 |
| Securities available for sale | 494,000 | 808,000 | 727,000 | 730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,035,000 | 20,099,000 | 22,239,000 | 22,909,000 |
| Interest-bearing deposits | 17,650,000 | 16,408,000 | 18,037,000 | 19,027,000 |
| Noninterest-bearing deposits | 3,385,000 | 3,691,000 | 4,202,000 | 3,882,000 |
| Equity capital | 2,351,000 | 2,399,000 | 2,477,000 | 2,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 394,000 | 813,000 | 1,275,000 | 1,755,000 |
| Interest expense | 162,000 | 313,000 | 468,000 | 627,000 |
| Net interest income | 232,000 | 500,000 | 807,000 | 1,128,000 |
| Noninterest income | 71,000 | 133,000 | 188,000 | 276,000 |
| Noninterest expense | 200,000 | 442,000 | 667,000 | 914,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 80,000 | 146,000 | 260,000 | 400,000 |
| Income tax | 31,000 | 58,000 | 105,000 | 163,000 |
| Net income | 49,000 | 88,000 | 155,000 | 237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,355,000 | 2,393,000 | 2,461,000 | 2,542,000 |
| Total capital | 2,586,000 | 2,651,000 | 2,726,000 | 2,824,000 |
| Risk-weighted assets | 18,448,000 | 20,617,000 | 21,195,000 | 22,539,000 |