Call reports 2018
ITASCA BANK & TRUST CO. — 2018
What ITASCA BANK & TRUST CO. 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 | 521,400,000 | 528,938,000 | 525,890,000 | 542,548,000 |
| Total loans | 389,656,000 | 395,978,000 | 403,187,000 | 406,106,000 |
| Allowance for loan losses | 4,536,000 | 4,340,000 | 4,613,000 | 4,696,000 |
| Securities available for sale | 94,484,000 | 93,242,000 | 88,114,000 | 91,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,206,000 | 475,362,000 | 472,904,000 | 487,675,000 |
| Interest-bearing deposits | 344,191,000 | 334,179,000 | 338,087,000 | 340,096,000 |
| Noninterest-bearing deposits | 124,015,000 | 141,183,000 | 134,817,000 | 147,579,000 |
| Equity capital | 50,044,000 | 50,975,000 | 50,238,000 | 51,802,000 |
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 | 5,566,000 | 11,220,000 | 17,285,000 | 23,449,000 |
| Interest expense | 316,000 | 682,000 | 1,148,000 | 1,742,000 |
| Net interest income | 5,250,000 | 10,538,000 | 16,137,000 | 21,707,000 |
| Noninterest income | 916,000 | 1,633,000 | 2,380,000 | 2,925,000 |
| Noninterest expense | 3,631,000 | 7,129,000 | 10,687,000 | 14,238,000 |
| Provision for loan losses | 300,000 | 500,000 | 700,000 | 900,000 |
| Pretax income | 2,235,000 | 4,542,000 | 6,919,000 | 9,283,000 |
| Income tax | 600,000 | 1,216,000 | 1,848,000 | 2,471,000 |
| Net income | 1,635,000 | 3,326,000 | 5,071,000 | 6,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,938,000 | 51,922,000 | 51,253,000 | 52,367,000 |
| Total capital | 55,474,000 | 56,262,000 | 55,866,000 | 57,063,000 |
| Risk-weighted assets | 425,857,000 | 436,228,000 | 441,759,000 | 443,153,000 |