Call reports 2013
BANK OF TURTLE LAKE — 2013
What BANK OF TURTLE LAKE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 41,916,000 | 41,440,000 | 42,662,000 | 45,994,000 |
| Total loans | 25,073,000 | 28,907,000 | 30,262,000 | 29,908,000 |
| Allowance for loan losses | 397,000 | 407,000 | 379,000 | 388,000 |
| Securities available for sale | 6,939,000 | 7,121,000 | 7,106,000 | 7,476,000 |
| Securities held to maturity | 118,000 | 118,000 | 118,000 | 118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,949,000 | 37,462,000 | 38,492,000 | 41,841,000 |
| Interest-bearing deposits | 30,771,000 | 30,240,000 | 31,401,000 | 33,671,000 |
| Noninterest-bearing deposits | 7,178,000 | 7,222,000 | 7,091,000 | 8,170,000 |
| Equity capital | 3,767,000 | 3,788,000 | 3,929,000 | 3,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 410,000 | 866,000 | 1,338,000 | 1,817,000 |
| Interest expense | 86,000 | 174,000 | 266,000 | 356,000 |
| Net interest income | 324,000 | 692,000 | 1,072,000 | 1,461,000 |
| Noninterest income | 37,000 | 80,000 | 116,000 | 162,000 |
| Noninterest expense | 238,000 | 468,000 | 685,000 | 1,003,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 114,000 | 286,000 | 476,000 | 584,000 |
| Income tax | 39,000 | 99,000 | 170,000 | 185,000 |
| Net income | 75,000 | 187,000 | 306,000 | 399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,673,000 | 3,779,000 | 3,894,000 | 3,976,000 |
| Total capital | 3,983,000 | 4,138,000 | 4,273,000 | 4,355,000 |
| Risk-weighted assets | 29,967,000 | 33,138,000 | 34,219,000 | 34,745,000 |