Call reports 2007
MINNESOTA LAKES BANK — 2007
What MINNESOTA LAKES BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 57,149,000 | 57,245,000 | 58,587,000 | 58,981,000 |
| Total loans | 28,460,000 | 29,917,000 | 28,416,000 | 30,287,000 |
| Allowance for loan losses | 187,000 | 199,000 | 196,000 | 167,000 |
| Securities available for sale | 23,648,000 | 23,620,000 | 25,780,000 | 24,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,479,000 | 50,400,000 | 51,787,000 | 50,969,000 |
| Interest-bearing deposits | 40,456,000 | 39,105,000 | 40,372,000 | 40,321,000 |
| Noninterest-bearing deposits | 10,023,000 | 11,295,000 | 11,415,000 | 10,648,000 |
| Equity capital | 6,232,000 | 5,914,000 | 6,322,000 | 6,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 941,000 | 1,909,000 | 2,891,000 | 3,829,000 |
| Interest expense | 302,000 | 599,000 | 915,000 | 1,202,000 |
| Net interest income | 639,000 | 1,310,000 | 1,976,000 | 2,627,000 |
| Noninterest income | 133,000 | 298,000 | 463,000 | 703,000 |
| Noninterest expense | 642,000 | 1,277,000 | 1,918,000 | 2,607,000 |
| Provision for loan losses | 9,000 | 18,000 | 21,000 | 21,000 |
| Pretax income | 79,000 | 271,000 | 453,000 | 669,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 79,000 | 271,000 | 453,000 | 669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,385,000 | 6,339,000 | 6,462,000 | 6,678,000 |
| Total capital | 6,572,000 | 6,538,000 | 6,658,000 | 6,845,000 |
| Risk-weighted assets | 32,789,000 | 33,630,000 | 34,609,000 | 35,863,000 |