Call reports 2010
MINNESOTA LAKES BANK — 2010
What MINNESOTA LAKES BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 74,444,000 | 74,361,000 | 78,829,000 | 78,621,000 |
| Total loans | 28,809,000 | 28,586,000 | 27,709,000 | 26,902,000 |
| Allowance for loan losses | 387,000 | 463,000 | 460,000 | 308,000 |
| Securities available for sale | 41,502,000 | 38,167,000 | 42,523,000 | 43,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,589,000 | 59,263,000 | 63,088,000 | 62,385,000 |
| Interest-bearing deposits | 49,935,000 | 49,090,000 | 51,573,000 | 51,249,000 |
| Noninterest-bearing deposits | 9,654,000 | 10,173,000 | 11,515,000 | 11,136,000 |
| Equity capital | 7,318,000 | 7,577,000 | 8,206,000 | 7,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 943,000 | 1,913,000 | 2,834,000 | 3,707,000 |
| Interest expense | 229,000 | 451,000 | 666,000 | 870,000 |
| Net interest income | 714,000 | 1,462,000 | 2,168,000 | 2,837,000 |
| Noninterest income | 180,000 | 374,000 | 562,000 | 744,000 |
| Noninterest expense | 701,000 | 1,469,000 | 2,182,000 | 2,914,000 |
| Provision for loan losses | 15,000 | 90,000 | 165,000 | 250,000 |
| Pretax income | 178,000 | 363,000 | 516,000 | 692,000 |
| Income tax | -1,000 | -1,000 | -1,000 | -1,000 |
| Net income | 179,000 | 364,000 | 517,000 | 693,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,922,000 | 6,952,000 | 7,105,000 | 7,281,000 |
| Total capital | 7,309,000 | 7,415,000 | 7,565,000 | 7,589,000 |
| Risk-weighted assets | 35,205,000 | 36,456,000 | 37,064,000 | 37,360,000 |