Call reports 2003
STATE BANK OF FARIBAULT, THE — 2003
What STATE BANK OF FARIBAULT, THE 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 | 140,845,000 | 147,908,000 | 153,112,000 | 158,693,000 |
| Total loans | 79,885,000 | 84,433,000 | 86,497,000 | 90,068,000 |
| Allowance for loan losses | 1,122,000 | 1,141,000 | 1,143,000 | 1,144,000 |
| Securities available for sale | 49,250,000 | 49,790,000 | 49,417,000 | 56,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,353,000 | 128,272,000 | 131,586,000 | 138,042,000 |
| Interest-bearing deposits | 104,795,000 | 111,526,000 | 114,578,000 | 119,303,000 |
| Noninterest-bearing deposits | 16,558,000 | 16,746,000 | 17,008,000 | 18,739,000 |
| Equity capital | 16,165,000 | 16,518,000 | 16,481,000 | 16,171,000 |
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 | 2,174,000 | 4,376,000 | 6,505,000 | 8,700,000 |
| Interest expense | 554,000 | 1,083,000 | 1,651,000 | 2,199,000 |
| Net interest income | 1,620,000 | 3,293,000 | 4,854,000 | 6,501,000 |
| Noninterest income | 201,000 | 443,000 | 761,000 | 1,058,000 |
| Noninterest expense | 1,131,000 | 2,282,000 | 3,453,000 | 4,790,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 70,000 |
| Pretax income | 698,000 | 1,564,000 | 2,268,000 | 2,850,000 |
| Income tax | 2,000 | 2,000 | 3,000 | 3,000 |
| Net income | 696,000 | 1,562,000 | 2,265,000 | 2,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,037,000 | 15,503,000 | 15,906,000 | 15,588,000 |
| Total capital | 16,148,000 | 16,644,000 | 17,049,000 | 16,732,000 |
| Risk-weighted assets | 89,192,000 | 94,494,000 | 96,332,000 | 102,056,000 |