Call reports 2002

MINNESOTA LAKES BANK — 2002

Name: MINNESOTA LAKES BANK — FFIEC call report 2002
Creator: MINNESOTA LAKES BANK

What MINNESOTA LAKES BANK reported to the FFIEC in 2002, quarter by quarter.

PERIOD: 2002SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b44cd969-508a-4b6e-905d-8752cf4b2d89/2002

Balance sheet

What the bank holds and owes at quarter end

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Total assets	43,723,000	43,934,000	46,326,000	47,808,000
Total loans	22,399,000	24,045,000	24,318,000	24,754,000
Allowance for loan losses	171,000	178,000	163,000	162,000
Securities available for sale	1,077,000	1,206,000	2,208,000	2,215,000
Securities held to maturity	13,521,000	13,399,000	13,213,000	14,502,000
Trading assets	0	0	0	0
Total deposits	39,114,000	39,317,000	41,501,000	42,947,000
Interest-bearing deposits	31,220,000	31,358,000	33,012,000	33,313,000
Noninterest-bearing deposits	7,894,000	7,959,000	8,489,000	9,634,000
Equity capital	4,203,000	4,225,000	4,377,000	4,503,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Interest income	676,000	1,352,000	2,028,000	2,692,000
Interest expense	204,000	395,000	586,000	756,000
Net interest income	472,000	957,000	1,442,000	1,936,000
Noninterest income	148,000	306,000	481,000	648,000
Noninterest expense	419,000	852,000	1,293,000	1,791,000
Provision for loan losses	8,000	15,000	23,000	31,000
Pretax income	192,000	394,000	604,000	757,000
Income tax	49,000	103,000	161,000	188,000
Net income	143,000	291,000	443,000	569,000

Basel measures — not reported for every quarter

Measure	2002Q1	2002Q2	2002Q3	2002Q4
Tier 1 capital	4,203,000	4,225,000	4,377,000	4,503,000
Total capital	4,374,000	4,403,000	4,540,000	4,665,000
Risk-weighted assets	26,428,000	28,939,000	30,541,000	31,577,000