Call reports 2009
MINNESOTA LAKES BANK — 2009
What MINNESOTA LAKES BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 65,660,000 | 67,899,000 | 72,297,000 | 76,200,000 |
| Total loans | 28,903,000 | 28,209,000 | 28,248,000 | 28,668,000 |
| Allowance for loan losses | 453,000 | 219,000 | 223,000 | 233,000 |
| Securities available for sale | 29,361,000 | 30,251,000 | 36,501,000 | 34,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,443,000 | 53,417,000 | 57,028,000 | 61,381,000 |
| Interest-bearing deposits | 41,326,000 | 43,803,000 | 46,071,000 | 50,696,000 |
| Noninterest-bearing deposits | 10,117,000 | 9,614,000 | 10,957,000 | 10,685,000 |
| Equity capital | 6,636,000 | 6,890,000 | 7,687,000 | 7,276,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 869,000 | 1,708,000 | 2,597,000 | 3,501,000 |
| Interest expense | 235,000 | 469,000 | 708,000 | 946,000 |
| Net interest income | 634,000 | 1,239,000 | 1,889,000 | 2,555,000 |
| Noninterest income | 157,000 | 336,000 | 533,000 | 682,000 |
| Noninterest expense | 630,000 | 1,290,000 | 1,938,000 | 2,601,000 |
| Provision for loan losses | 250,000 | 250,000 | 253,000 | 370,000 |
| Pretax income | -109,000 | 84,000 | 211,000 | 536,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -109,000 | 84,000 | 211,000 | 536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,645,000 | 6,838,000 | 6,965,000 | 7,189,000 |
| Total capital | 7,098,000 | 7,056,000 | 7,188,000 | 7,422,000 |
| Risk-weighted assets | 36,947,000 | 34,860,000 | 34,701,000 | 35,295,000 |