Call reports 2021
TURTLE MOUNTAIN STATE BANK — 2021
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 68,112,000 | 217,994,000 | 235,680,000 | 225,640,000 |
| Total loans | 23,179,000 | 24,562,000 | 20,492,000 | 20,034,000 |
| Allowance for loan losses | 234,000 | 230,000 | 231,000 | 218,000 |
| Securities available for sale | 4,965,000 | 160,907,000 | 7,240,000 | 7,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,568,000 | 214,065,000 | 231,203,000 | 220,837,000 |
| Interest-bearing deposits | 14,134,000 | 15,006,000 | 16,123,000 | 15,920,000 |
| Noninterest-bearing deposits | 50,434,000 | 199,058,000 | 215,080,000 | 204,917,000 |
| Equity capital | 3,476,000 | 3,833,000 | 4,414,000 | 4,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 312,000 | 877,000 | 1,682,000 | 2,378,000 |
| Interest expense | 53,000 | 70,000 | 84,000 | 99,000 |
| Net interest income | 259,000 | 807,000 | 1,598,000 | 2,279,000 |
| Noninterest income | 180,000 | 345,000 | 493,000 | 584,000 |
| Noninterest expense | 373,000 | 729,000 | 1,080,000 | 1,487,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 66,000 | 423,000 | 1,011,000 | 1,376,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 66,000 | 423,000 | 1,011,000 | 1,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,455,000 | 3,814,000 | 4,401,000 | 4,766,000 |
| Total capital | 3,672,000 | 4,016,000 | 4,586,000 | 4,973,000 |
| Risk-weighted assets | 17,365,000 | 16,112,000 | 14,801,000 | 16,514,000 |