Call reports 2015
ITASCA BANK & TRUST CO. — 2015
What ITASCA BANK & TRUST CO. 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 | 445,552,000 | 452,529,000 | 455,718,000 | 465,464,000 |
| Total loans | 310,601,000 | 312,486,000 | 325,314,000 | 331,128,000 |
| Allowance for loan losses | 5,148,000 | 5,086,000 | 5,047,000 | 4,556,000 |
| Securities available for sale | 110,520,000 | 107,689,000 | 97,623,000 | 109,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,333,000 | 407,603,000 | 409,727,000 | 419,047,000 |
| Interest-bearing deposits | 306,805,000 | 306,609,000 | 307,718,000 | 310,383,000 |
| Noninterest-bearing deposits | 94,528,000 | 100,994,000 | 102,009,000 | 108,664,000 |
| Equity capital | 41,946,000 | 42,469,000 | 43,285,000 | 43,767,000 |
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 | 4,127,000 | 8,348,000 | 12,615,000 | 17,008,000 |
| Interest expense | 151,000 | 301,000 | 452,000 | 606,000 |
| Net interest income | 3,976,000 | 8,047,000 | 12,163,000 | 16,402,000 |
| Noninterest income | 771,000 | 1,646,000 | 2,400,000 | 3,099,000 |
| Noninterest expense | 3,143,000 | 6,445,000 | 9,921,000 | 13,605,000 |
| Provision for loan losses | 200,000 | 300,000 | 300,000 | 0 |
| Pretax income | 1,406,000 | 2,950,000 | 4,344,000 | 5,898,000 |
| Income tax | 498,000 | 1,051,000 | 1,540,000 | 2,091,000 |
| Net income | 908,000 | 1,899,000 | 2,804,000 | 3,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,401,000 | 42,295,000 | 43,019,000 | 43,762,000 |
| Total capital | 45,735,000 | 46,704,000 | 47,531,000 | 48,318,000 |
| Risk-weighted assets | 345,957,000 | 352,015,000 | 360,496,000 | 370,307,000 |