Call reports 2018
MINNESOTA LAKES BANK — 2018
What MINNESOTA LAKES BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 97,573,000 | 100,202,000 | 99,227,000 | 102,689,000 |
| Total loans | 62,985,000 | 64,704,000 | 62,670,000 | 60,397,000 |
| Allowance for loan losses | 452,000 | 472,000 | 492,000 | 470,000 |
| Securities available for sale | 21,022,000 | 20,263,000 | 20,163,000 | 19,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,506,000 | 83,601,000 | 82,452,000 | 85,737,000 |
| Interest-bearing deposits | 58,304,000 | 62,523,000 | 61,619,000 | 66,412,000 |
| Noninterest-bearing deposits | 20,202,000 | 21,078,000 | 20,834,000 | 19,325,000 |
| Equity capital | 11,587,000 | 11,590,000 | 11,614,000 | 11,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 935,000 | 1,920,000 | 2,940,000 | 3,973,000 |
| Interest expense | 54,000 | 114,000 | 208,000 | 311,000 |
| Net interest income | 881,000 | 1,806,000 | 2,732,000 | 3,662,000 |
| Noninterest income | 272,000 | 533,000 | 939,000 | 1,293,000 |
| Noninterest expense | 988,000 | 1,984,000 | 3,132,000 | 4,172,000 |
| Provision for loan losses | 54,000 | 74,000 | 94,000 | 172,000 |
| Pretax income | 111,000 | 281,000 | 445,000 | 611,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 111,000 | 281,000 | 445,000 | 611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,055,000 | 9,134,000 | 9,205,000 | 9,279,000 |
| Total capital | 9,507,000 | 9,606,000 | 9,697,000 | 9,749,000 |
| Risk-weighted assets | 73,585,000 | 72,990,000 | 72,406,000 | 70,017,000 |