Call reports 2011
MINNESOTA LAKES BANK — 2011
What MINNESOTA LAKES BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 76,291,000 | 74,442,000 | 78,131,000 | 81,810,000 |
| Total loans | 27,635,000 | 27,838,000 | 29,491,000 | 27,738,000 |
| Allowance for loan losses | 362,000 | 393,000 | 429,000 | 421,000 |
| Securities available for sale | 42,784,000 | 40,716,000 | 40,444,000 | 44,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,808,000 | 57,088,000 | 62,174,000 | 65,752,000 |
| Interest-bearing deposits | 48,289,000 | 45,180,000 | 48,660,000 | 52,838,000 |
| Noninterest-bearing deposits | 10,519,000 | 11,908,000 | 13,514,000 | 12,914,000 |
| Equity capital | 6,714,000 | 7,855,000 | 8,469,000 | 8,532,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 915,000 | 1,904,000 | 2,872,000 | 3,601,000 |
| Interest expense | 181,000 | 347,000 | 506,000 | 657,000 |
| Net interest income | 734,000 | 1,557,000 | 2,366,000 | 2,944,000 |
| Noninterest income | 168,000 | 347,000 | 575,000 | 1,023,000 |
| Noninterest expense | 709,000 | 1,442,000 | 2,272,000 | 3,076,000 |
| Provision for loan losses | 55,000 | 85,000 | 115,000 | 145,000 |
| Pretax income | 159,000 | 456,000 | 690,000 | 900,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 158,000 | 455,000 | 688,000 | 898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,114,000 | 7,262,000 | 7,495,000 | 7,618,000 |
| Total capital | 7,476,000 | 7,655,000 | 7,924,000 | 8,039,000 |
| Risk-weighted assets | 37,669,000 | 36,533,000 | 37,745,000 | 37,503,000 |