Call reports 2003
BORDER STATE BANK OF INTERNATIONAL FALLS — 2003
What BORDER STATE BANK OF INTERNATIONAL FALLS reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 28,245,000 | 30,706,000 | 32,978,000 | 31,913,000 |
| Total loans | 25,032,000 | 27,694,000 | 26,720,000 | 26,835,000 |
| Allowance for loan losses | 333,000 | 355,000 | 368,000 | 375,000 |
| Securities available for sale | 729,000 | 735,000 | 725,000 | 923,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,233,000 | 26,843,000 | 29,047,000 | 28,099,000 |
| Interest-bearing deposits | 20,127,000 | 21,969,000 | 24,165,000 | 23,084,000 |
| Noninterest-bearing deposits | 4,106,000 | 4,874,000 | 4,882,000 | 5,015,000 |
| Equity capital | 2,665,000 | 2,794,000 | 2,828,000 | 2,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 477,000 | 983,000 | 1,519,000 | 2,046,000 |
| Interest expense | 147,000 | 295,000 | 436,000 | 571,000 |
| Net interest income | 330,000 | 688,000 | 1,083,000 | 1,475,000 |
| Noninterest income | 101,000 | 216,000 | 321,000 | 411,000 |
| Noninterest expense | 234,000 | 473,000 | 727,000 | 1,017,000 |
| Provision for loan losses | 23,000 | 45,000 | 58,000 | 65,000 |
| Pretax income | 174,000 | 386,000 | 619,000 | 804,000 |
| Income tax | 69,000 | 156,000 | 249,000 | 327,000 |
| Net income | 105,000 | 230,000 | 370,000 | 477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,647,000 | 2,772,000 | 2,812,000 | 2,570,000 |
| Total capital | 2,940,000 | 3,092,000 | 3,145,000 | 2,903,000 |
| Risk-weighted assets | 23,402,000 | 25,575,000 | 26,221,000 | 26,596,000 |