Call reports 2015
BANK OF TURTLE LAKE — 2015
What BANK OF TURTLE LAKE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 49,656,000 | 51,625,000 | 53,599,000 | 53,425,000 |
| Total loans | 30,503,000 | 37,550,000 | 39,271,000 | 38,703,000 |
| Allowance for loan losses | 410,000 | 419,000 | 428,000 | 436,000 |
| Securities available for sale | 9,724,000 | 9,000,000 | 8,853,000 | 8,138,000 |
| Securities held to maturity | 117,000 | 87,000 | 87,000 | 87,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,908,000 | 43,877,000 | 41,724,000 | 43,474,000 |
| Interest-bearing deposits | 35,429,000 | 34,224,000 | 33,018,000 | 33,179,000 |
| Noninterest-bearing deposits | 9,479,000 | 9,653,000 | 8,707,000 | 10,295,000 |
| Equity capital | 4,498,000 | 4,611,000 | 4,794,000 | 4,902,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 480,000 | 1,027,000 | 1,614,000 | 2,229,000 |
| Interest expense | 89,000 | 178,000 | 268,000 | 354,000 |
| Net interest income | 391,000 | 849,000 | 1,346,000 | 1,875,000 |
| Noninterest income | 35,000 | 71,000 | 98,000 | 123,000 |
| Noninterest expense | 255,000 | 508,000 | 763,000 | 1,075,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 162,000 | 394,000 | 654,000 | 887,000 |
| Income tax | 63,000 | 148,000 | 242,000 | 324,000 |
| Net income | 99,000 | 246,000 | 412,000 | 563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,444,000 | 4,586,000 | 4,747,000 | 4,883,000 |
| Total capital | 4,854,000 | 5,005,000 | 5,176,000 | 5,319,000 |
| Risk-weighted assets | 33,730,000 | 41,739,000 | 43,173,000 | 42,609,000 |