Call reports 2013
TURTLE MOUNTAIN STATE BANK — 2013
What TURTLE MOUNTAIN STATE BANK 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 | 26,225,000 | 27,372,000 | 29,016,000 | 28,175,000 |
| Total loans | 15,600,000 | 17,147,000 | 17,251,000 | 18,174,000 |
| Allowance for loan losses | 193,000 | 208,000 | 222,000 | 228,000 |
| Securities available for sale | 2,822,000 | 3,052,000 | 2,934,000 | 3,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,587,000 | 24,740,000 | 26,219,000 | 22,538,000 |
| Interest-bearing deposits | 17,165,000 | 16,875,000 | 16,439,000 | 14,333,000 |
| Noninterest-bearing deposits | 6,422,000 | 7,865,000 | 9,780,000 | 8,205,000 |
| Equity capital | 2,526,000 | 2,511,000 | 2,692,000 | 2,765,000 |
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 | 235,000 | 500,000 | 785,000 | 1,071,000 |
| Interest expense | 28,000 | 56,000 | 84,000 | 110,000 |
| Net interest income | 207,000 | 444,000 | 701,000 | 961,000 |
| Noninterest income | 157,000 | 303,000 | 532,000 | 742,000 |
| Noninterest expense | 297,000 | 587,000 | 916,000 | 1,249,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 52,000 | 130,000 | 272,000 | 394,000 |
| Income tax | 3,000 | 24,000 | 24,000 | 39,000 |
| Net income | 49,000 | 106,000 | 248,000 | 355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,380,000 | 2,519,000 | 2,663,000 | 2,769,000 |
| Total capital | 2,561,000 | 2,716,000 | 2,827,000 | 2,944,000 |
| Risk-weighted assets | 14,499,000 | 15,748,000 | 13,055,000 | 13,952,000 |