Call reports 2009
TURTLE MOUNTAIN STATE BANK — 2009
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 8,274,000 | 10,785,000 | 13,129,000 | 13,760,000 |
| Total loans | 3,677,000 | 5,047,000 | 5,750,000 | 6,866,000 |
| Allowance for loan losses | 36,000 | 51,000 | 66,000 | 81,000 |
| Securities available for sale | 2,695,000 | 2,723,000 | 2,967,000 | 1,949,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,606,000 | 8,236,000 | 10,690,000 | 11,380,000 |
| Interest-bearing deposits | 4,240,000 | 7,222,000 | 9,497,000 | 10,238,000 |
| Noninterest-bearing deposits | 1,366,000 | 1,014,000 | 1,193,000 | 1,142,000 |
| Equity capital | 2,615,000 | 2,491,000 | 2,355,000 | 2,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 79,000 | 178,000 | 287,000 | 410,000 |
| Interest expense | 11,000 | 36,000 | 63,000 | 93,000 |
| Net interest income | 68,000 | 142,000 | 224,000 | 317,000 |
| Noninterest income | 30,000 | 65,000 | 100,000 | 138,000 |
| Noninterest expense | 208,000 | 427,000 | 664,000 | 865,000 |
| Provision for loan losses | 9,000 | 24,000 | 39,000 | 54,000 |
| Pretax income | -114,000 | -239,000 | -374,000 | -459,000 |
| Income tax | 0 | 0 | 0 | -30,000 |
| Net income | -114,000 | -239,000 | -374,000 | -429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,511,000 | 2,386,000 | 2,251,000 | 2,166,000 |
| Total capital | 2,547,000 | 2,437,000 | 2,317,000 | 2,247,000 |
| Risk-weighted assets | 4,754,000 | 6,025,000 | 7,289,000 | 8,114,000 |