Call reports 2015
MINNESOTA LAKES BANK — 2015
What MINNESOTA LAKES BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 85,323,000 | 88,862,000 | 88,084,000 | 91,915,000 |
| Total loans | 32,681,000 | 37,717,000 | 39,485,000 | 42,167,000 |
| Allowance for loan losses | 93,000 | 165,000 | 215,000 | 270,000 |
| Securities available for sale | 29,701,000 | 26,803,000 | 26,997,000 | 26,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,709,000 | 69,503,000 | 68,576,000 | 72,394,000 |
| Interest-bearing deposits | 51,617,000 | 53,910,000 | 52,045,000 | 55,904,000 |
| Noninterest-bearing deposits | 14,092,000 | 15,593,000 | 16,531,000 | 16,490,000 |
| Equity capital | 11,639,000 | 11,481,000 | 11,684,000 | 11,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 740,000 | 1,500,000 | 2,297,000 | 3,098,000 |
| Interest expense | 33,000 | 86,000 | 139,000 | 189,000 |
| Net interest income | 707,000 | 1,414,000 | 2,158,000 | 2,909,000 |
| Noninterest income | 207,000 | 479,000 | 780,000 | 1,059,000 |
| Noninterest expense | 770,000 | 1,551,000 | 2,437,000 | 3,297,000 |
| Provision for loan losses | 80,000 | 152,000 | 202,000 | 251,000 |
| Pretax income | 59,000 | 173,000 | 282,000 | 444,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 59,000 | 173,000 | 282,000 | 444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,511,000 | 8,638,000 | 8,760,000 | 8,936,000 |
| Total capital | 8,604,000 | 8,803,000 | 8,975,000 | 9,206,000 |
| Risk-weighted assets | 42,791,000 | 48,208,000 | 53,715,000 | 51,807,000 |