Call reports 2023
TURTLE MOUNTAIN STATE BANK — 2023
What TURTLE MOUNTAIN STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 166,853,000 | 163,278,000 | 158,152,000 | 160,393,000 |
| Total loans | 21,090,000 | 21,580,000 | 29,201,000 | 32,229,000 |
| Allowance for loan losses | 397,000 | 407,000 | 402,000 | 380,000 |
| Securities available for sale | 5,624,000 | 4,504,000 | 4,421,000 | 4,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,015,000 | 154,686,000 | 147,992,000 | 148,317,000 |
| Interest-bearing deposits | 110,119,000 | 104,214,000 | 93,588,000 | 85,614,000 |
| Noninterest-bearing deposits | 49,896,000 | 50,472,000 | 54,404,000 | 62,703,000 |
| Equity capital | 6,768,000 | 8,495,000 | 10,055,000 | 11,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,822,000 | 4,165,000 | 6,254,000 | 8,665,000 |
| Interest expense | 58,000 | 305,000 | 569,000 | 812,000 |
| Net interest income | 1,764,000 | 3,860,000 | 5,685,000 | 7,853,000 |
| Noninterest income | 287,000 | 380,000 | 593,000 | 729,000 |
| Noninterest expense | 419,000 | 828,000 | 1,284,000 | 1,821,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,632,000 | 3,414,000 | 4,996,000 | 6,763,000 |
| Income tax | 0 | 15,000 | 12,000 | 12,000 |
| Net income | 1,632,000 | 3,399,000 | 4,984,000 | 6,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,237,000 | 9,008,000 | 10,590,000 | 12,357,000 |
| Total capital | 7,475,000 | — | — | — |
| Risk-weighted assets | 18,912,000 | — | — | — |