Call reports 2018
TURTLE MOUNTAIN STATE BANK — 2018
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 28,251,000 | 30,099,000 | 33,070,000 | 33,369,000 |
| Total loans | 10,938,000 | 12,813,000 | 12,349,000 | 14,257,000 |
| Allowance for loan losses | 320,000 | 323,000 | 331,000 | 333,000 |
| Securities available for sale | 1,884,000 | 1,332,000 | 1,286,000 | 1,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,265,000 | 27,087,000 | 30,009,000 | 30,269,000 |
| Interest-bearing deposits | 13,269,000 | 13,659,000 | 14,935,000 | 14,271,000 |
| Noninterest-bearing deposits | 11,996,000 | 13,428,000 | 15,074,000 | 15,998,000 |
| Equity capital | 2,911,000 | 2,933,000 | 2,996,000 | 3,012,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 209,000 | 446,000 | 677,000 | 990,000 |
| Interest expense | 23,000 | 46,000 | 71,000 | 96,000 |
| Net interest income | 186,000 | 400,000 | 606,000 | 894,000 |
| Noninterest income | 158,000 | 304,000 | 483,000 | 615,000 |
| Noninterest expense | 275,000 | 597,000 | 902,000 | 1,265,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 85,000 |
| Pretax income | 54,000 | 77,000 | 142,000 | 159,000 |
| Income tax | 6,000 | 6,000 | 6,000 | 12,000 |
| Net income | 48,000 | 71,000 | 136,000 | 147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,883,000 | 2,906,000 | 2,973,000 | 2,990,000 |
| Total capital | 2,998,000 | 3,019,000 | 3,097,000 | 3,111,000 |
| Risk-weighted assets | 8,959,000 | 8,866,000 | 9,681,000 | 9,431,000 |