Call reports 2019
NORTHWOODS BANK OF MINNESOTA — 2019
What NORTHWOODS BANK OF MINNESOTA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 116,622,000 | 118,474,000 | 121,184,000 | 119,187,000 |
| Total loans | 66,115,000 | 66,928,000 | 66,953,000 | 68,222,000 |
| Allowance for loan losses | 745,000 | 769,000 | 780,000 | 753,000 |
| Securities available for sale | 41,481,000 | 40,863,000 | 41,912,000 | 40,011,000 |
| Securities held to maturity | 25,000 | 25,000 | 25,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,380,000 | 96,572,000 | 101,952,000 | 99,848,000 |
| Interest-bearing deposits | 80,164,000 | 78,657,000 | 80,924,000 | 79,228,000 |
| Noninterest-bearing deposits | 17,216,000 | 17,915,000 | 21,028,000 | 20,620,000 |
| Equity capital | 12,567,000 | 13,382,000 | 13,392,000 | 13,673,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,185,000 | 2,410,000 | 3,677,000 | 4,938,000 |
| Interest expense | 177,000 | 376,000 | 567,000 | 756,000 |
| Net interest income | 1,008,000 | 2,034,000 | 3,110,000 | 4,182,000 |
| Noninterest income | 162,000 | 341,000 | 527,000 | 751,000 |
| Noninterest expense | 824,000 | 1,703,000 | 2,597,000 | 3,555,000 |
| Provision for loan losses | 17,000 | 34,000 | 47,000 | 58,000 |
| Pretax income | 327,000 | 636,000 | 991,000 | 1,318,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | 327,000 | 635,000 | 990,000 | 1,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,645,000 | 12,747,000 | 12,685,000 | 13,019,000 |
| Total capital | 13,415,000 | 13,541,000 | 13,490,000 | 13,812,000 |
| Risk-weighted assets | 74,786,000 | 74,991,000 | 72,372,000 | 72,785,000 |