Call reports 2003
PATRIOT BANK MINNESOTA — 2003
What PATRIOT BANK MINNESOTA 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 | 70,876,000 | 76,364,000 | 77,850,000 | 79,664,000 |
| Total loans | 57,870,000 | 59,115,000 | 62,712,000 | 65,374,000 |
| Allowance for loan losses | 527,000 | 527,000 | 537,000 | 556,000 |
| Securities available for sale | 4,019,000 | 4,845,000 | 5,471,000 | 6,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,868,000 | 69,160,000 | 66,763,000 | 69,526,000 |
| Interest-bearing deposits | 53,520,000 | 56,506,000 | 54,470,000 | 58,034,000 |
| Noninterest-bearing deposits | 10,348,000 | 12,654,000 | 12,293,000 | 11,492,000 |
| Equity capital | 6,599,000 | 6,760,000 | 6,854,000 | 8,072,000 |
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 | 1,127,000 | 2,251,000 | 3,418,000 | 4,660,000 |
| Interest expense | 369,000 | 732,000 | 1,076,000 | 1,424,000 |
| Net interest income | 758,000 | 1,519,000 | 2,342,000 | 3,236,000 |
| Noninterest income | 54,000 | 113,000 | 176,000 | 245,000 |
| Noninterest expense | 543,000 | 1,098,000 | 1,690,000 | 2,303,000 |
| Provision for loan losses | 25,000 | 25,000 | 35,000 | 54,000 |
| Pretax income | 244,000 | 509,000 | 793,000 | 1,124,000 |
| Income tax | 105,000 | 219,000 | 344,000 | 457,000 |
| Net income | 139,000 | 290,000 | 449,000 | 667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,545,000 | 6,696,000 | 6,855,000 | 8,073,000 |
| Total capital | 7,072,000 | 7,223,000 | 7,392,000 | 8,629,000 |
| Risk-weighted assets | 64,791,000 | 68,265,000 | 71,343,000 | 73,562,000 |