Call reports 2016
ITASCA BANK & TRUST CO. — 2016
What ITASCA BANK & TRUST CO. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 479,901,000 | 480,715,000 | 483,818,000 | 493,226,000 |
| Total loans | 333,149,000 | 340,253,000 | 350,724,000 | 355,306,000 |
| Allowance for loan losses | 4,569,000 | 4,580,000 | 4,500,000 | 4,397,000 |
| Securities available for sale | 102,871,000 | 99,490,000 | 103,788,000 | 111,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 432,519,000 | 433,091,000 | 435,390,000 | 445,045,000 |
| Interest-bearing deposits | 326,318,000 | 321,229,000 | 323,558,000 | 329,506,000 |
| Noninterest-bearing deposits | 106,201,000 | 111,862,000 | 111,832,000 | 115,539,000 |
| Equity capital | 44,577,000 | 45,406,000 | 46,199,000 | 45,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,419,000 | 8,937,000 | 13,548,000 | 18,341,000 |
| Interest expense | 152,000 | 306,000 | 466,000 | 636,000 |
| Net interest income | 4,267,000 | 8,631,000 | 13,082,000 | 17,705,000 |
| Noninterest income | 676,000 | 1,388,000 | 2,121,000 | 2,807,000 |
| Noninterest expense | 3,294,000 | 6,607,000 | 9,901,000 | 13,448,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,732,000 | 3,495,000 | 5,385,000 | 7,147,000 |
| Income tax | 624,000 | 1,254,000 | 1,931,000 | 2,562,000 |
| Net income | 1,108,000 | 2,241,000 | 3,454,000 | 4,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,261,000 | 45,048,000 | 45,813,000 | 46,552,000 |
| Total capital | 48,830,000 | 49,628,000 | 50,313,000 | 50,949,000 |
| Risk-weighted assets | 374,415,000 | 379,211,000 | 388,189,000 | 394,663,000 |