Call reports 2003
FIRST NATIONAL BANK OF BATTLE LAKE, THE — 2003
What FIRST NATIONAL BANK OF BATTLE LAKE, 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 | 33,289,000 | 34,600,000 | 36,269,000 | 35,812,000 |
| Total loans | 15,750,000 | 16,781,000 | 16,912,000 | 18,956,000 |
| Allowance for loan losses | 247,000 | 249,000 | 251,000 | 239,000 |
| Securities available for sale | 13,705,000 | 13,230,000 | 13,841,000 | 13,473,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,672,000 | 30,830,000 | 32,551,000 | 32,039,000 |
| Interest-bearing deposits | 26,443,000 | 27,287,000 | 28,446,000 | 28,136,000 |
| Noninterest-bearing deposits | 3,229,000 | 3,543,000 | 4,105,000 | 3,903,000 |
| Equity capital | 3,494,000 | 3,633,000 | 3,576,000 | 3,664,000 |
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 | 475,000 | 968,000 | 1,434,000 | 1,955,000 |
| Interest expense | 139,000 | 275,000 | 408,000 | 540,000 |
| Net interest income | 336,000 | 693,000 | 1,026,000 | 1,415,000 |
| Noninterest income | 31,000 | 59,000 | 113,000 | 148,000 |
| Noninterest expense | 216,000 | 468,000 | 729,000 | 1,029,000 |
| Provision for loan losses | 5,000 | 9,000 | 6,000 | 3,000 |
| Pretax income | 146,000 | 275,000 | 404,000 | 531,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 144,000 | 273,000 | 402,000 | 529,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,060,000 | 3,189,000 | 3,318,000 | 3,445,000 |
| Total capital | 3,307,000 | 3,438,000 | 3,569,000 | 3,684,000 |
| Risk-weighted assets | 20,724,000 | 21,979,000 | 22,574,000 | 24,392,000 |