Call reports 2008
NORTHERN STATE BANK OF THIEF RIVER FALLS — 2008
What NORTHERN STATE BANK OF THIEF RIVER FALLS 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 | 202,946,000 | 206,974,000 | 206,043,000 | 218,181,000 |
| Total loans | 98,083,000 | 101,322,000 | 105,039,000 | 104,773,000 |
| Allowance for loan losses | 3,646,000 | 2,480,000 | 2,500,000 | 2,481,000 |
| Securities available for sale | 69,348,000 | 73,053,000 | 77,819,000 | 73,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,580,000 | 175,610,000 | 173,151,000 | 183,843,000 |
| Interest-bearing deposits | 144,361,000 | 146,243,000 | 147,218,000 | 158,989,000 |
| Noninterest-bearing deposits | 27,219,000 | 29,367,000 | 25,933,000 | 24,855,000 |
| Equity capital | 28,632,000 | 28,072,000 | 29,153,000 | 31,100,000 |
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 | 2,830,000 | 5,438,000 | 8,153,000 | 10,812,000 |
| Interest expense | 1,165,000 | 2,099,000 | 3,005,000 | 3,855,000 |
| Net interest income | 1,665,000 | 3,339,000 | 5,148,000 | 6,957,000 |
| Noninterest income | 186,000 | 388,000 | 600,000 | 812,000 |
| Noninterest expense | 898,000 | 1,824,000 | 2,702,000 | 3,574,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 953,000 | 1,903,000 | 3,046,000 | 4,195,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 952,000 | 1,902,000 | 3,044,000 | 4,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,316,000 | 28,505,000 | 29,269,000 | 30,037,000 |
| Total capital | 29,668,000 | 29,896,000 | 30,691,000 | 31,477,000 |
| Risk-weighted assets | 105,884,000 | 110,154,000 | 112,676,000 | 114,144,000 |