Call reports 2017
NORTHWOODS BANK OF MINNESOTA — 2017
What NORTHWOODS BANK OF MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 108,569,000 | 108,984,000 | 114,543,000 | 114,766,000 |
| Total loans | 65,953,000 | 66,694,000 | 66,947,000 | 66,337,000 |
| Allowance for loan losses | 740,000 | 772,000 | 778,000 | 716,000 |
| Securities available for sale | 31,215,000 | 31,933,000 | 33,733,000 | 35,901,000 |
| Securities held to maturity | 75,000 | 75,000 | 75,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,253,000 | 88,868,000 | 94,352,000 | 95,262,000 |
| Interest-bearing deposits | 70,822,000 | 70,949,000 | 73,126,000 | 75,441,000 |
| Noninterest-bearing deposits | 18,431,000 | 17,919,000 | 21,226,000 | 19,821,000 |
| Equity capital | 11,681,000 | 12,081,000 | 12,200,000 | 11,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,035,000 | 2,105,000 | 3,192,000 | 4,274,000 |
| Interest expense | 77,000 | 166,000 | 262,000 | 356,000 |
| Net interest income | 958,000 | 1,939,000 | 2,930,000 | 3,918,000 |
| Noninterest income | 231,000 | 481,000 | 725,000 | 932,000 |
| Noninterest expense | 842,000 | 1,734,000 | 2,588,000 | 3,491,000 |
| Provision for loan losses | 27,000 | 54,000 | 73,000 | 92,000 |
| Pretax income | 320,000 | 632,000 | 994,000 | 1,267,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 319,000 | 631,000 | 993,000 | 1,265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,766,000 | 11,890,000 | 12,077,000 | 12,113,000 |
| Total capital | 12,546,000 | 12,702,000 | 12,897,000 | 12,871,000 |
| Risk-weighted assets | 74,661,000 | 74,662,000 | 72,988,000 | 72,858,000 |