Call reports 2004
BORDER STATE BANK OF INTERNATIONAL FALLS — 2004
What BORDER STATE BANK OF INTERNATIONAL FALLS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 32,472,000 | 33,709,000 | 36,711,000 | 35,927,000 |
| Total loans | 28,297,000 | 29,193,000 | 30,394,000 | 32,386,000 |
| Allowance for loan losses | 390,000 | 398,000 | 410,000 | 430,000 |
| Securities available for sale | 922,000 | 907,000 | 911,000 | 905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,054,000 | 28,904,000 | 31,542,000 | 31,335,000 |
| Interest-bearing deposits | 23,554,000 | 23,985,000 | 25,963,000 | 26,804,000 |
| Noninterest-bearing deposits | 4,500,000 | 4,920,000 | 5,579,000 | 4,531,000 |
| Equity capital | 2,716,000 | 2,869,000 | 2,997,000 | 3,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 539,000 | 1,090,000 | 1,655,000 | 2,247,000 |
| Interest expense | 128,000 | 257,000 | 397,000 | 551,000 |
| Net interest income | 411,000 | 833,000 | 1,258,000 | 1,696,000 |
| Noninterest income | 88,000 | 211,000 | 311,000 | 404,000 |
| Noninterest expense | 262,000 | 521,000 | 818,000 | 1,109,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 65,000 |
| Pretax income | 222,000 | 493,000 | 706,000 | 926,000 |
| Income tax | 89,000 | 198,000 | 286,000 | 376,000 |
| Net income | 133,000 | 295,000 | 420,000 | 550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,702,000 | 2,864,000 | 2,990,000 | 3,119,000 |
| Total capital | 3,045,000 | 3,221,000 | 3,363,000 | 3,512,000 |
| Risk-weighted assets | 27,427,000 | 28,507,000 | 29,744,000 | 31,414,000 |