Call reports 2013
MINNESOTA LAKES BANK — 2013
What MINNESOTA LAKES BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 83,228,000 | 83,530,000 | 83,043,000 | 85,846,000 |
| Total loans | 30,621,000 | 29,568,000 | 30,637,000 | 31,001,000 |
| Allowance for loan losses | 546,000 | 468,000 | 498,000 | 518,000 |
| Securities available for sale | 46,554,000 | 44,342,000 | 45,614,000 | 44,070,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,754,000 | 69,244,000 | 68,556,000 | 71,814,000 |
| Interest-bearing deposits | 52,259,000 | 56,856,000 | 54,888,000 | 58,689,000 |
| Noninterest-bearing deposits | 12,495,000 | 12,388,000 | 13,668,000 | 13,125,000 |
| Equity capital | 8,968,000 | 6,725,000 | 7,009,000 | 6,556,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,574,000 | 2,343,000 | 3,168,000 |
| Interest expense | 120,000 | 240,000 | 361,000 | 482,000 |
| Net interest income | 674,000 | 1,334,000 | 1,982,000 | 2,686,000 |
| Noninterest income | 267,000 | 539,000 | 830,000 | 1,045,000 |
| Noninterest expense | 798,000 | 1,665,000 | 2,493,000 | 3,296,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 110,000 |
| Pretax income | 349,000 | 495,000 | 576,000 | 684,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 349,000 | 495,000 | 576,000 | 684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,894,000 | 7,905,000 | 7,982,000 | 8,076,000 |
| Total capital | 8,396,000 | 8,373,000 | 8,480,000 | 8,594,000 |
| Risk-weighted assets | 40,122,000 | 40,264,000 | 40,499,000 | 41,370,000 |