Call reports 2009
BOUNDARY WATERS BANK — 2009
What BOUNDARY WATERS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 143,712,000 | 141,427,000 | 136,946,000 | 131,422,000 |
| Total loans | 120,132,000 | 118,269,000 | 114,374,000 | 107,182,000 |
| Allowance for loan losses | 2,210,000 | 1,917,000 | 2,675,000 | 2,666,000 |
| Securities available for sale | 4,104,000 | 3,298,000 | 2,906,000 | 2,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,754,000 | 108,754,000 | 113,636,000 | 110,182,000 |
| Interest-bearing deposits | 98,698,000 | 97,942,000 | 102,539,000 | 99,870,000 |
| Noninterest-bearing deposits | 11,056,000 | 10,812,000 | 11,097,000 | 10,312,000 |
| Equity capital | 16,348,000 | 16,350,000 | 15,747,000 | 14,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,993,000 | 4,007,000 | 5,825,000 | 7,553,000 |
| Interest expense | 748,000 | 1,446,000 | 2,098,000 | 2,645,000 |
| Net interest income | 1,245,000 | 2,561,000 | 3,727,000 | 4,908,000 |
| Noninterest income | 81,000 | 187,000 | 180,000 | 298,000 |
| Noninterest expense | 1,123,000 | 2,126,000 | 3,099,000 | 4,189,000 |
| Provision for loan losses | 550,000 | 950,000 | 2,150,000 | 4,050,000 |
| Pretax income | -347,000 | -328,000 | -1,342,000 | -3,033,000 |
| Income tax | -139,000 | -128,000 | -540,000 | -1,224,000 |
| Net income | -208,000 | -200,000 | -802,000 | -1,809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,604,000 | 15,612,000 | 15,010,000 | 13,599,000 |
| Total capital | 17,180,000 | 17,199,000 | 16,569,000 | 15,081,000 |
| Risk-weighted assets | 125,412,000 | 126,308,000 | 122,847,000 | 117,397,000 |
Machine access — free, no API key
Every figure shown here about BOUNDARY WATERS BANK — 2009 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.