Call reports 2003

MINNESOTA LAKES BANK — 2003

Name: MINNESOTA LAKES BANK — FFIEC call report 2003
Creator: MINNESOTA LAKES BANK

What MINNESOTA LAKES BANK reported to the FFIEC in 2003, quarter by quarter.

PERIOD: 2003SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b44cd969-508a-4b6e-905d-8752cf4b2d89/2003

Balance sheet

What the bank holds and owes at quarter end

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Total assets	47,215,000	49,478,000	49,973,000	51,726,000
Total loans	25,818,000	26,436,000	25,461,000	25,561,000
Allowance for loan losses	173,000	178,000	173,000	169,000
Securities available for sale	2,222,000	2,227,000	2,231,000	2,834,000
Securities held to maturity	14,276,000	14,707,000	15,516,000	15,687,000
Trading assets	0	0	0	0
Total deposits	42,304,000	44,485,000	44,857,000	46,631,000
Interest-bearing deposits	33,508,000	35,217,000	33,999,000	35,119,000
Noninterest-bearing deposits	8,796,000	9,268,000	10,858,000	11,512,000
Equity capital	4,512,000	4,619,000	4,744,000	4,857,000

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

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Interest income	634,000	1,276,000	1,905,000	2,495,000
Interest expense	151,000	303,000	421,000	532,000
Net interest income	483,000	973,000	1,484,000	1,963,000
Noninterest income	172,000	343,000	506,000	669,000
Noninterest expense	470,000	990,000	1,507,000	2,023,000
Provision for loan losses	11,000	28,000	41,000	41,000
Pretax income	173,000	292,000	442,000	568,000
Income tax	36,000	48,000	73,000	86,000
Net income	137,000	244,000	369,000	482,000

Basel measures — not reported for every quarter

Measure	2003Q1	2003Q2	2003Q3	2003Q4
Tier 1 capital	4,512,000	4,619,000	4,744,000	4,857,000
Total capital	4,685,000	4,797,000	4,917,000	5,026,000
Risk-weighted assets	32,571,000	33,554,000	32,826,000	33,693,000