Call reports 2015
NORTHWOODS BANK OF MINNESOTA — 2015
What NORTHWOODS BANK OF MINNESOTA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 103,236,000 | 109,175,000 | 106,150,000 | 104,294,000 |
| Total loans | 54,722,000 | 58,220,000 | 58,656,000 | 59,688,000 |
| Allowance for loan losses | 671,000 | 676,000 | 710,000 | 717,000 |
| Securities available for sale | 35,964,000 | 36,140,000 | 35,575,000 | 36,021,000 |
| Securities held to maturity | 114,000 | 114,000 | 114,000 | 95,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,050,000 | 90,410,000 | 91,103,000 | 88,834,000 |
| Interest-bearing deposits | 69,704,000 | 74,365,000 | 74,383,000 | 71,463,000 |
| Noninterest-bearing deposits | 15,346,000 | 16,045,000 | 16,720,000 | 17,371,000 |
| Equity capital | 13,319,000 | 13,155,000 | 11,467,000 | 11,592,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 994,000 | 2,002,000 | 3,026,000 | 4,059,000 |
| Interest expense | 93,000 | 169,000 | 240,000 | 306,000 |
| Net interest income | 901,000 | 1,833,000 | 2,786,000 | 3,753,000 |
| Noninterest income | 224,000 | 445,000 | 681,000 | 910,000 |
| Noninterest expense | 885,000 | 1,775,000 | 2,646,000 | 3,545,000 |
| Provision for loan losses | 29,000 | 45,000 | 79,000 | 91,000 |
| Pretax income | 211,000 | 490,000 | 774,000 | 1,064,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 210,000 | 489,000 | 772,000 | 1,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,680,000 | 12,823,000 | 11,027,000 | 11,187,000 |
| Total capital | 13,423,000 | 13,573,000 | 11,811,000 | 11,978,000 |
| Risk-weighted assets | 72,750,000 | 75,820,000 | 74,067,000 | 74,752,000 |