Call reports 2017
ITASCA BANK & TRUST CO. — 2017
What ITASCA BANK & TRUST CO. 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 | 498,334,000 | 509,570,000 | 512,920,000 | 516,566,000 |
| Total loans | 364,759,000 | 366,047,000 | 377,090,000 | 388,263,000 |
| Allowance for loan losses | 3,813,000 | 3,907,000 | 4,212,000 | 4,225,000 |
| Securities available for sale | 106,410,000 | 105,009,000 | 104,965,000 | 102,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 448,492,000 | 458,928,000 | 461,231,000 | 464,603,000 |
| Interest-bearing deposits | 334,915,000 | 334,663,000 | 332,279,000 | 322,953,000 |
| Noninterest-bearing deposits | 113,577,000 | 124,265,000 | 128,952,000 | 141,650,000 |
| Equity capital | 47,067,000 | 48,236,000 | 49,253,000 | 49,386,000 |
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 | 4,851,000 | 9,891,000 | 15,182,000 | 20,608,000 |
| Interest expense | 184,000 | 390,000 | 615,000 | 873,000 |
| Net interest income | 4,667,000 | 9,501,000 | 14,567,000 | 19,735,000 |
| Noninterest income | 693,000 | 1,380,000 | 2,311,000 | 3,092,000 |
| Noninterest expense | 3,462,000 | 6,912,000 | 10,364,000 | 14,117,000 |
| Provision for loan losses | 0 | 25,000 | 250,000 | 325,000 |
| Pretax income | 1,897,000 | 3,943,000 | 6,260,000 | 8,381,000 |
| Income tax | 687,000 | 1,425,000 | 2,278,000 | 3,338,000 |
| Net income | 1,210,000 | 2,518,000 | 3,982,000 | 5,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,324,000 | 48,195,000 | 49,223,000 | 49,878,000 |
| Total capital | 51,137,000 | 52,102,000 | 53,435,000 | 54,103,000 |
| Risk-weighted assets | 404,905,000 | 409,060,000 | 418,197,000 | 428,966,000 |