Call reports 2019
TURTLE MOUNTAIN STATE BANK — 2019
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 32,800,000 | 33,153,000 | 33,472,000 | 35,753,000 |
| Total loans | 14,975,000 | 13,488,000 | 13,524,000 | 14,459,000 |
| Allowance for loan losses | 348,000 | 315,000 | 334,000 | 357,000 |
| Securities available for sale | 1,216,000 | 1,190,000 | 2,461,000 | 2,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,623,000 | 29,781,000 | 29,958,000 | 32,154,000 |
| Interest-bearing deposits | 14,202,000 | 14,470,000 | 12,588,000 | 12,514,000 |
| Noninterest-bearing deposits | 15,421,000 | 15,311,000 | 17,370,000 | 19,640,000 |
| Equity capital | 3,112,000 | 3,299,000 | 3,433,000 | 3,523,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 325,000 | 658,000 | 982,000 | 1,298,000 |
| Interest expense | 24,000 | 45,000 | 68,000 | 89,000 |
| Net interest income | 301,000 | 613,000 | 914,000 | 1,209,000 |
| Noninterest income | 155,000 | 426,000 | 635,000 | 837,000 |
| Noninterest expense | 350,000 | 720,000 | 1,068,000 | 1,430,000 |
| Provision for loan losses | 15,000 | 38,000 | 60,000 | 83,000 |
| Pretax income | 91,000 | 281,000 | 421,000 | 533,000 |
| Income tax | 0 | 10,000 | 10,000 | 20,000 |
| Net income | 91,000 | 271,000 | 411,000 | 513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,082,000 | 3,275,000 | 3,425,000 | 3,526,000 |
| Total capital | 3,208,000 | 3,391,000 | 3,539,000 | 3,653,000 |
| Risk-weighted assets | 9,848,000 | 9,072,000 | 8,888,000 | 9,885,000 |