Call reports 2018
NORTHWOODS BANK OF MINNESOTA — 2018
What NORTHWOODS BANK OF MINNESOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 112,732,000 | 113,261,000 | 120,741,000 | 120,476,000 |
| Total loans | 66,488,000 | 66,144,000 | 66,242,000 | 64,809,000 |
| Allowance for loan losses | 732,000 | 779,000 | 817,000 | 725,000 |
| Securities available for sale | 36,061,000 | 36,490,000 | 38,397,000 | 41,751,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,054,000 | 96,291,000 | 103,542,000 | 103,018,000 |
| Interest-bearing deposits | 73,588,000 | 76,115,000 | 82,378,000 | 84,097,000 |
| Noninterest-bearing deposits | 20,466,000 | 20,176,000 | 21,164,000 | 18,921,000 |
| Equity capital | 11,396,000 | 11,256,000 | 11,531,000 | 12,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,056,000 | 2,172,000 | 3,410,000 | 4,637,000 |
| Interest expense | 108,000 | 226,000 | 377,000 | 544,000 |
| Net interest income | 948,000 | 1,946,000 | 3,033,000 | 4,093,000 |
| Noninterest income | 36,000 | 238,000 | 503,000 | 705,000 |
| Noninterest expense | 895,000 | 1,748,000 | 2,631,000 | 3,561,000 |
| Provision for loan losses | 17,000 | 34,000 | 47,000 | 85,000 |
| Pretax income | 72,000 | 371,000 | 827,000 | 1,121,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 71,000 | 370,000 | 826,000 | 1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,009,000 | 11,917,000 | 12,374,000 | 12,485,000 |
| Total capital | 12,784,000 | 12,737,000 | 13,216,000 | 13,235,000 |
| Risk-weighted assets | 72,915,000 | 72,786,000 | 74,504,000 | 74,485,000 |