Call reports 2014
MINNESOTA LAKES BANK — 2014
What MINNESOTA LAKES BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 84,339,000 | 84,192,000 | 85,421,000 | 86,688,000 |
| Total loans | 31,115,000 | 33,013,000 | 30,722,000 | 31,491,000 |
| Allowance for loan losses | 246,000 | 248,000 | 20,000 | 12,000 |
| Securities available for sale | 42,555,000 | 37,159,000 | 36,322,000 | 30,784,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,595,000 | 69,193,000 | 66,749,000 | 67,186,000 |
| Interest-bearing deposits | 56,251,000 | 55,608,000 | 51,728,000 | 52,896,000 |
| Noninterest-bearing deposits | 13,344,000 | 13,585,000 | 15,021,000 | 14,290,000 |
| Equity capital | 7,312,000 | 7,484,000 | 10,671,000 | 11,467,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 788,000 | 1,589,000 | 141,000 | 974,000 |
| Interest expense | 115,000 | 224,000 | 28,000 | 92,000 |
| Net interest income | 673,000 | 1,365,000 | 113,000 | 882,000 |
| Noninterest income | 199,000 | 405,000 | 32,000 | 273,000 |
| Noninterest expense | 788,000 | 1,579,000 | 151,000 | 1,244,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 93,000 | 281,000 | -6,000 | 22,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 0 |
| Net income | 92,000 | 262,000 | -7,000 | 22,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,142,000 | 8,112,000 | 7,602,000 | 7,856,000 |
| Total capital | 8,388,000 | 8,360,000 | 7,622,000 | 7,868,000 |
| Risk-weighted assets | 41,269,000 | 42,991,000 | 41,531,000 | 40,115,000 |