Call reports 2022
TURTLE MOUNTAIN STATE BANK — 2022
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 215,902,000 | 210,131,000 | 192,855,000 | 183,214,000 |
| Total loans | 18,904,000 | 21,514,000 | 21,601,000 | 21,473,000 |
| Allowance for loan losses | 219,000 | 156,000 | 212,000 | 229,000 |
| Securities available for sale | 6,607,000 | 55,911,000 | 55,675,000 | 38,450,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,595,000 | 206,028,000 | 188,153,000 | 176,863,000 |
| Interest-bearing deposits | 16,136,000 | 15,641,000 | 17,588,000 | 18,294,000 |
| Noninterest-bearing deposits | 195,459,000 | 190,387,000 | 170,565,000 | 158,569,000 |
| Equity capital | 3,954,000 | 4,013,000 | 4,641,000 | 6,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 377,000 | 1,140,000 | 2,274,000 | 3,978,000 |
| Interest expense | 14,000 | 27,000 | 43,000 | 60,000 |
| Net interest income | 363,000 | 1,113,000 | 2,231,000 | 3,918,000 |
| Noninterest income | 101,000 | 221,000 | 309,000 | 398,000 |
| Noninterest expense | 383,000 | 741,000 | 1,096,000 | 1,536,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 81,000 | 593,000 | 1,444,000 | 2,780,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 81,000 | 593,000 | 1,444,000 | 2,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,297,000 | 4,809,000 | 5,660,000 | 6,996,000 |
| Total capital | 4,494,000 | 4,965,000 | 5,872,000 | 7,225,000 |
| Risk-weighted assets | 15,769,000 | 17,449,000 | 19,434,000 | 18,687,000 |