Call reports 2008
PATRIOT BANK MINNESOTA — 2008
What PATRIOT BANK MINNESOTA 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 | 130,764,000 | 126,422,000 | 131,703,000 | 135,883,000 |
| Total loans | 107,972,000 | 105,402,000 | 111,355,000 | 113,872,000 |
| Allowance for loan losses | 1,016,000 | 1,100,000 | 1,304,000 | 1,217,000 |
| Securities available for sale | 11,478,000 | 11,013,000 | 11,050,000 | 11,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,073,000 | 95,300,000 | 101,062,000 | 111,558,000 |
| Interest-bearing deposits | 89,092,000 | 84,141,000 | 90,230,000 | 102,680,000 |
| Noninterest-bearing deposits | 11,981,000 | 11,159,000 | 10,832,000 | 8,878,000 |
| Equity capital | 17,713,000 | 17,587,000 | 17,665,000 | 17,828,000 |
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 | 2,143,000 | 4,184,000 | 6,203,000 | 8,172,000 |
| Interest expense | 973,000 | 1,905,000 | 2,833,000 | 3,756,000 |
| Net interest income | 1,170,000 | 2,279,000 | 3,370,000 | 4,416,000 |
| Noninterest income | 366,000 | 466,000 | 572,000 | 682,000 |
| Noninterest expense | 851,000 | 1,715,000 | 2,601,000 | 3,546,000 |
| Provision for loan losses | 146,000 | 227,000 | 438,000 | 1,001,000 |
| Pretax income | 539,000 | 803,000 | 903,000 | 551,000 |
| Income tax | 231,000 | 346,000 | 390,000 | 203,000 |
| Net income | 308,000 | 457,000 | 513,000 | 348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,558,000 | 17,707,000 | 17,763,000 | 17,598,000 |
| Total capital | 18,574,000 | 18,807,000 | 19,067,000 | 18,815,000 |
| Risk-weighted assets | 120,000,000 | 116,891,000 | 123,149,000 | 126,411,000 |