Call reports 2017
MINNESOTA LAKES BANK — 2017
What MINNESOTA LAKES BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 94,101,000 | 92,445,000 | 95,948,000 | 99,787,000 |
| Total loans | 51,769,000 | 54,106,000 | 56,642,000 | 62,186,000 |
| Allowance for loan losses | 432,000 | 449,000 | 387,000 | 397,000 |
| Securities available for sale | 24,689,000 | 23,747,000 | 23,020,000 | 22,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,739,000 | 73,183,000 | 76,584,000 | 80,537,000 |
| Interest-bearing deposits | 56,061,000 | 54,961,000 | 55,584,000 | 58,027,000 |
| Noninterest-bearing deposits | 18,678,000 | 18,222,000 | 21,000,000 | 22,509,000 |
| Equity capital | 11,796,000 | 11,731,000 | 11,832,000 | 11,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 756,000 | 1,561,000 | 2,414,000 | 3,348,000 |
| Interest expense | 52,000 | 103,000 | 153,000 | 202,000 |
| Net interest income | 704,000 | 1,458,000 | 2,261,000 | 3,146,000 |
| Noninterest income | 264,000 | 605,000 | 1,002,000 | 1,377,000 |
| Noninterest expense | 1,066,000 | 2,116,000 | 3,221,000 | 4,399,000 |
| Provision for loan losses | 43,000 | 73,000 | 73,000 | 85,000 |
| Pretax income | -141,000 | -126,000 | -31,000 | 39,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -141,000 | -126,000 | -31,000 | 39,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,830,000 | 8,871,000 | 8,993,000 | 9,090,000 |
| Total capital | 9,262,000 | 9,320,000 | 9,380,000 | 9,487,000 |
| Risk-weighted assets | 62,729,000 | 60,840,000 | 63,118,000 | 67,792,000 |