Call reports 2011
TURTLE MOUNTAIN STATE BANK — 2011
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 20,527,000 | 20,771,000 | 23,397,000 | 20,816,000 |
| Total loans | 10,252,000 | 10,678,000 | 11,609,000 | 12,043,000 |
| Allowance for loan losses | 130,000 | 144,000 | 147,000 | 162,000 |
| Securities available for sale | 3,694,000 | 4,575,000 | 2,883,000 | 2,739,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,354,000 | 18,469,000 | 21,073,000 | 18,447,000 |
| Interest-bearing deposits | 12,276,000 | 13,378,000 | 13,662,000 | 14,218,000 |
| Noninterest-bearing deposits | 6,078,000 | 5,091,000 | 7,411,000 | 4,229,000 |
| Equity capital | 2,098,000 | 2,217,000 | 2,219,000 | 2,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 183,000 | 386,000 | 581,000 | 802,000 |
| Interest expense | 36,000 | 71,000 | 105,000 | 135,000 |
| Net interest income | 147,000 | 315,000 | 476,000 | 667,000 |
| Noninterest income | 86,000 | 193,000 | 254,000 | 350,000 |
| Noninterest expense | 205,000 | 446,000 | 665,000 | 880,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 13,000 | 32,000 | 96,000 | 153,000 |
| Income tax | 0 | 0 | 0 | 15,000 |
| Net income | 13,000 | 32,000 | 96,000 | 138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,031,000 | 2,059,000 | 2,215,000 | 2,175,000 |
| Total capital | 2,159,000 | 2,197,000 | 2,362,000 | 2,319,000 |
| Risk-weighted assets | 10,235,000 | 11,053,000 | 12,207,000 | 12,104,000 |