Call reports 2017
BANK OF TURTLE LAKE — 2017
What BANK OF TURTLE LAKE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 49,677,000 | 50,120,000 | 51,563,000 | 49,264,000 |
| Total loans | 34,671,000 | 39,987,000 | 41,956,000 | 39,172,000 |
| Allowance for loan losses | 390,000 | 406,000 | 515,000 | 483,000 |
| Securities available for sale | 5,617,000 | 4,524,000 | 4,904,000 | 3,754,000 |
| Securities held to maturity | 56,000 | 26,000 | 26,000 | 26,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,014,000 | 43,961,000 | 41,892,000 | 43,314,000 |
| Interest-bearing deposits | 34,305,000 | 33,301,000 | 32,289,000 | 32,199,000 |
| Noninterest-bearing deposits | 9,709,000 | 10,660,000 | 9,603,000 | 11,115,000 |
| Equity capital | 5,451,000 | 5,591,000 | 5,783,000 | 5,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 502,000 | 1,063,000 | 1,724,000 | 2,345,000 |
| Interest expense | 77,000 | 155,000 | 239,000 | 322,000 |
| Net interest income | 425,000 | 908,000 | 1,485,000 | 2,023,000 |
| Noninterest income | 22,000 | 44,000 | 127,000 | 158,000 |
| Noninterest expense | 333,000 | 630,000 | 946,000 | 1,379,000 |
| Provision for loan losses | 15,000 | 30,000 | 60,000 | 90,000 |
| Pretax income | 99,000 | 292,000 | 606,000 | 712,000 |
| Income tax | 21,000 | 83,000 | 198,000 | 258,000 |
| Net income | 78,000 | 209,000 | 408,000 | 454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,433,000 | 5,559,000 | 5,753,000 | 5,749,000 |
| Total capital | 5,823,000 | 5,965,000 | 6,268,000 | 6,232,000 |
| Risk-weighted assets | 40,200,000 | 43,961,000 | 45,745,000 | 42,759,000 |