Call reports 2019
ITASCA BANK & TRUST CO. — 2019
What ITASCA BANK & TRUST CO. 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 | 559,316,000 | 553,233,000 | 579,164,000 | 566,368,000 |
| Total loans | 406,470,000 | 409,990,000 | 395,817,000 | 394,821,000 |
| Allowance for loan losses | 4,951,000 | 5,096,000 | 5,215,000 | 5,272,000 |
| Securities available for sale | 98,502,000 | 94,163,000 | 102,167,000 | 121,804,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,328,000 | 495,840,000 | 520,490,000 | 507,318,000 |
| Interest-bearing deposits | 343,726,000 | 351,366,000 | 365,526,000 | 345,391,000 |
| Noninterest-bearing deposits | 156,602,000 | 144,474,000 | 154,964,000 | 161,927,000 |
| Equity capital | 53,279,000 | 55,003,000 | 56,270,000 | 56,698,000 |
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 | 6,235,000 | 12,584,000 | 19,027,000 | 25,256,000 |
| Interest expense | 655,000 | 1,409,000 | 2,254,000 | 3,085,000 |
| Net interest income | 5,580,000 | 11,175,000 | 16,773,000 | 22,171,000 |
| Noninterest income | 749,000 | 1,451,000 | 2,100,000 | 2,737,000 |
| Noninterest expense | 3,780,000 | 7,448,000 | 11,101,000 | 14,892,000 |
| Provision for loan losses | 225,000 | 345,000 | 465,000 | 515,000 |
| Pretax income | 2,324,000 | 4,860,000 | 7,414,000 | 9,608,000 |
| Income tax | 616,000 | 1,291,000 | 1,967,000 | 2,546,000 |
| Net income | 1,708,000 | 3,569,000 | 5,447,000 | 7,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,111,000 | 54,227,000 | 55,282,000 | 56,033,000 |
| Total capital | 58,062,000 | 59,323,000 | 60,497,000 | 61,305,000 |
| Risk-weighted assets | 445,996,000 | 443,626,000 | 433,325,000 | 441,275,000 |