Call reports 2008
FIRST NATIONAL BANK OF BATTLE LAKE, THE — 2008
What FIRST NATIONAL BANK OF BATTLE LAKE, 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 | 50,872,000 | 51,345,000 | 51,430,000 | 50,943,000 |
| Total loans | 30,502,000 | 30,423,000 | 29,115,000 | 30,893,000 |
| Allowance for loan losses | 308,000 | 320,000 | 234,000 | 287,000 |
| Securities available for sale | 14,647,000 | 14,963,000 | 16,248,000 | 16,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,675,000 | 45,253,000 | 45,083,000 | 44,315,000 |
| Interest-bearing deposits | 38,780,000 | 39,988,000 | 40,330,000 | 39,909,000 |
| Noninterest-bearing deposits | 4,895,000 | 5,265,000 | 4,753,000 | 4,406,000 |
| Equity capital | 5,922,000 | 5,802,000 | 6,075,000 | 5,932,000 |
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 | 828,000 | 1,621,000 | 2,411,000 | 3,130,000 |
| Interest expense | 334,000 | 663,000 | 943,000 | 1,198,000 |
| Net interest income | 494,000 | 958,000 | 1,468,000 | 1,932,000 |
| Noninterest income | 48,000 | 121,000 | 183,000 | 278,000 |
| Noninterest expense | 315,000 | 630,000 | 1,024,000 | 1,412,000 |
| Provision for loan losses | 12,000 | 24,000 | 24,000 | 70,000 |
| Pretax income | 215,000 | 425,000 | 603,000 | 728,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 214,000 | 424,000 | 602,000 | 727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,845,000 | 6,055,000 | 6,233,000 | 5,894,000 |
| Total capital | 6,153,000 | 6,375,000 | 6,467,000 | 6,181,000 |
| Risk-weighted assets | 34,547,000 | 34,932,000 | 34,074,000 | 34,699,000 |