Call reports 2017

BOUNDARY WATERS BANK — 2017

Name: BOUNDARY WATERS BANK — FFIEC call report 2017
Creator: BOUNDARY WATERS BANK

What BOUNDARY WATERS BANK reported to the FFIEC in 2017, quarter by quarter.

PERIOD: 2017SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6de0ab0b-abb8-4cbb-9ab6-744bb6fb25a6/2017

Balance sheet

What the bank holds and owes at quarter end

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Total assets	117,690,000	118,921,000	123,380,000	121,201,000
Total loans	92,623,000	98,659,000	103,103,000	103,635,000
Allowance for loan losses	569,000	583,000	609,000	674,000
Securities available for sale	11,553,000	10,814,000	8,516,000	8,002,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	94,331,000	95,296,000	99,501,000	94,417,000
Interest-bearing deposits	80,673,000	81,317,000	83,268,000	80,038,000
Noninterest-bearing deposits	13,659,000	13,978,000	16,232,000	14,380,000
Equity capital	11,790,000	11,967,000	12,208,000	11,800,000

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

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Interest income	1,290,000	2,653,000	4,072,000	5,554,000
Interest expense	201,000	422,000	660,000	905,000
Net interest income	1,089,000	2,231,000	3,412,000	4,649,000
Noninterest income	-64,000	-22,000	112,000	613,000
Noninterest expense	765,000	1,693,000	2,665,000	4,011,000
Provision for loan losses	89,000	89,000	89,000	258,000
Pretax income	171,000	427,000	800,000	1,023,000
Income tax	70,000	170,000	340,000	919,000
Net income	101,000	257,000	460,000	104,000

Basel measures — not reported for every quarter

Measure	2017Q1	2017Q2	2017Q3	2017Q4
Tier 1 capital	10,728,000	10,921,000	11,986,000	11,105,000
Total capital	11,297,000	11,504,000	12,595,000	11,779,000
Risk-weighted assets	86,958,000	97,163,000	105,835,000	106,068,000