Call reports 2016
MINNESOTA LAKES BANK — 2016
What MINNESOTA LAKES BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 86,726,000 | 84,898,000 | 92,612,000 | 93,575,000 |
| Total loans | 43,820,000 | 43,685,000 | 43,566,000 | 47,464,000 |
| Allowance for loan losses | 191,000 | 351,000 | 372,000 | 388,000 |
| Securities available for sale | 27,325,000 | 22,139,000 | 22,656,000 | 25,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,109,000 | 65,067,000 | 72,777,000 | 73,985,000 |
| Interest-bearing deposits | 49,587,000 | 49,457,000 | 54,600,000 | 56,090,000 |
| Noninterest-bearing deposits | 17,522,000 | 15,610,000 | 18,177,000 | 17,894,000 |
| Equity capital | 11,872,000 | 12,062,000 | 12,192,000 | 12,005,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 759,000 | 1,493,000 | 2,221,000 | 2,971,000 |
| Interest expense | 50,000 | 100,000 | 153,000 | 204,000 |
| Net interest income | 709,000 | 1,393,000 | 2,068,000 | 2,767,000 |
| Noninterest income | 226,000 | 594,000 | 960,000 | 1,294,000 |
| Noninterest expense | 859,000 | 1,729,000 | 2,580,000 | 3,500,000 |
| Provision for loan losses | 59,000 | 218,000 | 239,000 | 255,000 |
| Pretax income | 15,000 | 78,000 | 247,000 | 440,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 15,000 | 78,000 | 247,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,740,000 | 8,823,000 | 9,011,000 | 9,149,000 |
| Total capital | 8,931,000 | 9,174,000 | 9,383,000 | 9,537,000 |
| Risk-weighted assets | 52,177,000 | 50,997,000 | 51,502,000 | 58,091,000 |