Call reports 2008
FIRST NATIONAL BANK OF PARK FALLS, THE — 2008
What FIRST NATIONAL BANK OF PARK FALLS, THE 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 | 80,886,000 | 81,096,000 | 81,586,000 | 84,704,000 |
| Total loans | 47,496,000 | 48,463,000 | 50,271,000 | 52,185,000 |
| Allowance for loan losses | 297,000 | 303,000 | 303,000 | 316,000 |
| Securities available for sale | 18,869,000 | 19,893,000 | 20,330,000 | 20,241,000 |
| Securities held to maturity | 4,008,000 | 3,874,000 | 3,796,000 | 3,718,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,932,000 | 71,454,000 | 71,527,000 | 74,234,000 |
| Interest-bearing deposits | 61,638,000 | 62,794,000 | 62,613,000 | 65,725,000 |
| Noninterest-bearing deposits | 9,294,000 | 8,660,000 | 8,914,000 | 8,509,000 |
| Equity capital | 9,670,000 | 9,377,000 | 9,750,000 | 10,273,000 |
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 | 1,263,000 | 2,491,000 | 3,728,000 | 4,956,000 |
| Interest expense | 489,000 | 911,000 | 1,339,000 | 1,743,000 |
| Net interest income | 774,000 | 1,580,000 | 2,389,000 | 3,213,000 |
| Noninterest income | 131,000 | 265,000 | 392,000 | 490,000 |
| Noninterest expense | 635,000 | 1,253,000 | 1,875,000 | 2,509,000 |
| Provision for loan losses | 4,000 | 10,000 | 21,000 | 39,000 |
| Pretax income | 266,000 | 582,000 | 884,000 | 1,154,000 |
| Income tax | -24,000 | -15,000 | -4,000 | 7,000 |
| Net income | 290,000 | 597,000 | 888,000 | 1,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,642,000 | 9,775,000 | 9,979,000 | 10,150,000 |
| Total capital | 9,939,000 | 10,078,000 | 10,282,000 | 10,466,000 |
| Risk-weighted assets | 48,266,000 | 49,447,000 | 50,575,000 | 52,732,000 |