Call reports 2011
BANK OF TURTLE LAKE — 2011
What BANK OF TURTLE LAKE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 34,085,000 | 33,362,000 | 33,362,000 | 34,940,000 |
| Total loans | 20,096,000 | 22,099,000 | 22,783,000 | 23,637,000 |
| Allowance for loan losses | 377,000 | 387,000 | 393,000 | 399,000 |
| Securities available for sale | 9,414,000 | 9,422,000 | 8,811,000 | 8,360,000 |
| Securities held to maturity | 119,000 | 119,000 | 119,000 | 119,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,199,000 | 30,327,000 | 29,827,000 | 31,416,000 |
| Interest-bearing deposits | 25,452,000 | 25,074,000 | 25,025,000 | 25,461,000 |
| Noninterest-bearing deposits | 5,747,000 | 5,253,000 | 4,802,000 | 5,955,000 |
| Equity capital | 2,708,000 | 2,854,000 | 3,346,000 | 3,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 355,000 | 746,000 | 1,150,000 | 1,559,000 |
| Interest expense | 102,000 | 199,000 | 292,000 | 381,000 |
| Net interest income | 253,000 | 547,000 | 858,000 | 1,178,000 |
| Noninterest income | 31,000 | 58,000 | 93,000 | 134,000 |
| Noninterest expense | 216,000 | 424,000 | 649,000 | 897,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 62,000 | 169,000 | 284,000 | 391,000 |
| Income tax | 21,000 | 61,000 | 103,000 | 142,000 |
| Net income | 41,000 | 108,000 | 181,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,676,000 | 2,742,000 | 3,216,000 | 3,276,000 |
| Total capital | 2,920,000 | 3,015,000 | 3,499,000 | 3,568,000 |
| Risk-weighted assets | 22,946,000 | 24,570,000 | 25,141,000 | 26,165,000 |