Call reports 2014

BOUNDARY WATERS BANK — 2014

Name: BOUNDARY WATERS BANK — FFIEC call report 2014
Creator: BOUNDARY WATERS BANK

What BOUNDARY WATERS BANK reported to the FFIEC in 2014, quarter by quarter.

PERIOD: 2014SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6de0ab0b-abb8-4cbb-9ab6-744bb6fb25a6/2014

Balance sheet

What the bank holds and owes at quarter end

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Total assets	110,786,000	110,278,000	113,253,000	114,502,000
Total loans	86,898,000	85,916,000	91,025,000	91,290,000
Allowance for loan losses	57,000	80,000	190,000	214,000
Securities available for sale	11,970,000	12,521,000	13,327,000	12,525,000
Securities held to maturity	136,000	136,000	136,000	136,000
Trading assets	0	0	0	0
Total deposits	101,482,000	100,791,000	103,491,000	99,111,000
Interest-bearing deposits	90,556,000	89,402,000	90,008,000	85,766,000
Noninterest-bearing deposits	10,926,000	11,389,000	13,483,000	13,345,000
Equity capital	5,721,000	5,966,000	6,137,000	6,261,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Interest income	1,296,000	2,522,000	3,982,000	5,361,000
Interest expense	50,000	104,000	252,000	401,000
Net interest income	1,246,000	2,418,000	3,730,000	4,960,000
Noninterest income	72,000	148,000	250,000	320,000
Noninterest expense	1,087,000	2,086,000	3,224,000	4,380,000
Provision for loan losses	49,000	70,000	174,000	196,000
Pretax income	182,000	411,000	581,000	703,000
Income tax	0	9,000	9,000	9,000
Net income	182,000	402,000	572,000	694,000

Basel measures — not reported for every quarter

Measure	2014Q1	2014Q2	2014Q3	2014Q4
Tier 1 capital	5,236,000	5,468,000	5,648,000	5,691,000
Total capital	5,293,000	5,548,000	5,838,000	5,905,000
Risk-weighted assets	81,131,000	80,110,000	85,269,000	86,386,000