Call reports 2006
MINNESOTA LAKES BANK — 2006
What MINNESOTA LAKES BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 57,023,000 | 56,969,000 | 60,855,000 | 62,268,000 |
| Total loans | 26,990,000 | 28,139,000 | 27,868,000 | 27,536,000 |
| Allowance for loan losses | 174,000 | 189,000 | 197,000 | 166,000 |
| Securities available for sale | 23,124,000 | 24,615,000 | 24,734,000 | 25,301,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,814,000 | 47,376,000 | 54,422,000 | 55,662,000 |
| Interest-bearing deposits | 40,138,000 | 36,441,000 | 42,290,000 | 45,028,000 |
| Noninterest-bearing deposits | 10,676,000 | 10,935,000 | 12,132,000 | 10,634,000 |
| Equity capital | 5,843,000 | 5,892,000 | 6,064,000 | 6,145,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 835,000 | 1,756,000 | 2,698,000 | 3,698,000 |
| Interest expense | 199,000 | 444,000 | 734,000 | 1,067,000 |
| Net interest income | 636,000 | 1,312,000 | 1,964,000 | 2,631,000 |
| Noninterest income | 121,000 | 256,000 | 387,000 | 524,000 |
| Noninterest expense | 547,000 | 1,128,000 | 1,719,000 | 2,396,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 200,000 | 421,000 | 604,000 | 728,000 |
| Income tax | 59,000 | 136,000 | 198,000 | 236,000 |
| Net income | 141,000 | 285,000 | 406,000 | 492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,082,000 | 6,226,000 | 6,220,000 | 6,306,000 |
| Total capital | 6,257,000 | 6,415,000 | 6,418,000 | 6,472,000 |
| Risk-weighted assets | 34,534,000 | 35,274,000 | 39,370,000 | 39,222,000 |