Call reports 2004

MINNESOTA LAKES BANK — 2004

Name: MINNESOTA LAKES BANK — FFIEC call report 2004
Creator: MINNESOTA LAKES BANK

What MINNESOTA LAKES BANK reported to the FFIEC in 2004, quarter by quarter.

PERIOD: 2004SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b44cd969-508a-4b6e-905d-8752cf4b2d89/2004

Balance sheet

What the bank holds and owes at quarter end

Measure	2004Q1	2004Q2	2004Q3	2004Q4
Total assets	57,144,000	56,577,000	63,275,000	61,572,000
Total loans	26,376,000	25,613,000	26,205,000	25,890,000
Allowance for loan losses	176,000	164,000	170,000	165,000
Securities available for sale	1,839,000	1,042,000	2,045,000	154,000
Securities held to maturity	20,688,000	21,635,000	23,570,000	25,725,000
Trading assets	0	0	0	0
Total deposits	51,959,000	51,415,000	57,979,000	56,069,000
Interest-bearing deposits	39,860,000	38,190,000	46,244,000	42,983,000
Noninterest-bearing deposits	12,099,000	13,225,000	11,735,000	13,086,000
Equity capital	4,956,000	4,931,000	5,058,000	5,241,000

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

Measure	2004Q1	2004Q2	2004Q3	2004Q4
Interest income	595,000	1,219,000	1,886,000	2,616,000
Interest expense	113,000	224,000	338,000	464,000
Net interest income	482,000	995,000	1,548,000	2,152,000
Noninterest income	158,000	326,000	489,000	671,000
Noninterest expense	518,000	1,078,000	1,639,000	2,200,000
Provision for loan losses	7,000	18,000	30,000	34,000
Pretax income	115,000	225,000	368,000	589,000
Income tax	16,000	24,000	39,000	78,000
Net income	99,000	201,000	329,000	511,000

Basel measures — not reported for every quarter

Measure	2004Q1	2004Q2	2004Q3	2004Q4
Tier 1 capital	4,956,000	4,931,000	5,058,000	5,241,000
Total capital	5,132,000	5,095,000	5,228,000	5,406,000
Risk-weighted assets	34,928,000	33,880,000	36,459,000	34,718,000