Call reports 2015

BOUNDARY WATERS BANK — 2015

Name: BOUNDARY WATERS BANK — FFIEC call report 2015
Creator: BOUNDARY WATERS BANK

What BOUNDARY WATERS BANK reported to the FFIEC in 2015, quarter by quarter.

PERIOD: 2015SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6de0ab0b-abb8-4cbb-9ab6-744bb6fb25a6/2015

Balance sheet

What the bank holds and owes at quarter end

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Total assets	112,338,000	114,477,000	115,554,000	119,173,000
Total loans	89,229,000	89,217,000	88,073,000	96,942,000
Allowance for loan losses	153,000	212,000	265,000	368,000
Securities available for sale	12,292,000	11,740,000	13,755,000	10,335,000
Securities held to maturity	111,000	111,000	111,000	111,000
Trading assets	0	0	0	0
Total deposits	95,855,000	98,933,000	99,859,000	94,375,000
Interest-bearing deposits	83,778,000	84,647,000	86,136,000	81,586,000
Noninterest-bearing deposits	12,077,000	14,286,000	13,723,000	12,789,000
Equity capital	9,690,000	9,952,000	10,117,000	10,264,000

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

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Interest income	1,420,000	2,768,000	3,987,000	5,791,000
Interest expense	147,000	302,000	464,000	643,000
Net interest income	1,273,000	2,466,000	3,523,000	5,148,000
Noninterest income	169,000	245,000	321,000	392,000
Noninterest expense	1,217,000	2,171,000	3,097,000	4,512,000
Provision for loan losses	20,000	70,000	120,000	220,000
Pretax income	211,000	476,000	621,000	820,000
Income tax	7,000	11,000	0	14,000
Net income	204,000	465,000	621,000	806,000

Basel measures — not reported for every quarter

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Tier 1 capital	9,442,000	9,725,000	9,904,000	10,111,000
Total capital	9,595,000	9,937,000	10,169,000	10,479,000
Risk-weighted assets	85,352,000	84,617,000	83,879,000	93,691,000