Call reports 2014
TURTLE MOUNTAIN STATE BANK — 2014
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 28,850,000 | 28,792,000 | 38,548,000 | 35,329,000 |
| Total loans | 16,936,000 | 18,569,000 | 20,364,000 | 21,433,000 |
| Allowance for loan losses | 244,000 | 258,000 | 274,000 | 289,000 |
| Securities available for sale | 2,941,000 | 2,863,000 | 2,746,000 | 2,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,896,000 | 25,814,000 | 35,468,000 | 32,135,000 |
| Interest-bearing deposits | 17,687,000 | 17,416,000 | 20,670,000 | 18,029,000 |
| Noninterest-bearing deposits | 8,209,000 | 8,398,000 | 14,799,000 | 14,106,000 |
| Equity capital | 2,874,000 | 2,856,000 | 2,973,000 | 3,054,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 290,000 | 587,000 | 913,000 | 1,231,000 |
| Interest expense | 34,000 | 65,000 | 102,000 | 138,000 |
| Net interest income | 256,000 | 522,000 | 811,000 | 1,093,000 |
| Noninterest income | 158,000 | 342,000 | 501,000 | 663,000 |
| Noninterest expense | 308,000 | 619,000 | 926,000 | 1,277,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 91,000 | 215,000 | 341,000 | 419,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 91,000 | 215,000 | 341,000 | 419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,860,000 | 2,819,000 | 2,944,000 | 3,023,000 |
| Total capital | 3,036,000 | 3,002,000 | 3,162,000 | 3,245,000 |
| Risk-weighted assets | 14,034,000 | 14,545,000 | 17,422,000 | 17,698,000 |