Call reports 2012
BANK OF TURTLE LAKE — 2012
What BANK OF TURTLE LAKE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 36,877,000 | 36,934,000 | 36,328,000 | 40,092,000 |
| Total loans | 21,965,000 | 25,071,000 | 25,973,000 | 25,690,000 |
| Allowance for loan losses | 405,000 | 411,000 | 410,000 | 389,000 |
| Securities available for sale | 8,154,000 | 7,418,000 | 6,732,000 | 5,999,000 |
| Securities held to maturity | 119,000 | 119,000 | 118,000 | 118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,249,000 | 33,208,000 | 32,434,000 | 36,207,000 |
| Interest-bearing deposits | 27,642,000 | 26,787,000 | 26,511,000 | 28,715,000 |
| Noninterest-bearing deposits | 5,607,000 | 6,421,000 | 5,923,000 | 7,492,000 |
| Equity capital | 3,435,000 | 3,534,000 | 3,651,000 | 3,712,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 378,000 | 781,000 | 1,231,000 | 1,695,000 |
| Interest expense | 85,000 | 171,000 | 257,000 | 343,000 |
| Net interest income | 293,000 | 610,000 | 974,000 | 1,352,000 |
| Noninterest income | 31,000 | 69,000 | 99,000 | 131,000 |
| Noninterest expense | 228,000 | 428,000 | 640,000 | 890,000 |
| Provision for loan losses | 6,000 | 12,000 | 24,000 | 36,000 |
| Pretax income | 90,000 | 239,000 | 409,000 | 557,000 |
| Income tax | 31,000 | 87,000 | 149,000 | 206,000 |
| Net income | 59,000 | 152,000 | 260,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,330,000 | 3,419,000 | 3,522,000 | 3,603,000 |
| Total capital | 3,600,000 | 3,734,000 | 3,846,000 | 3,924,000 |
| Risk-weighted assets | 26,125,000 | 27,829,000 | 28,837,000 | 29,428,000 |