Call reports 2019
MINNESOTA LAKES BANK — 2019
What MINNESOTA LAKES BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 98,462,000 | 102,818,000 | 104,022,000 | 104,245,000 |
| Total loans | 63,310,000 | 65,717,000 | 66,207,000 | 67,225,000 |
| Allowance for loan losses | 531,000 | 545,000 | 574,000 | 575,000 |
| Securities available for sale | 18,494,000 | 17,143,000 | 15,858,000 | 14,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,848,000 | 86,095,000 | 87,096,000 | 89,112,000 |
| Interest-bearing deposits | 65,188,000 | 67,837,000 | 63,859,000 | 67,834,000 |
| Noninterest-bearing deposits | 18,659,000 | 18,258,000 | 23,237,000 | 21,279,000 |
| Equity capital | 11,846,000 | 11,983,000 | 12,045,000 | 12,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,009,000 | 2,082,000 | 3,199,000 | 4,315,000 |
| Interest expense | 101,000 | 204,000 | 300,000 | 386,000 |
| Net interest income | 908,000 | 1,878,000 | 2,899,000 | 3,929,000 |
| Noninterest income | 273,000 | 552,000 | 927,000 | 1,375,000 |
| Noninterest expense | 1,042,000 | 2,156,000 | 3,321,000 | 4,503,000 |
| Provision for loan losses | 61,000 | 117,000 | 147,000 | 147,000 |
| Pretax income | 78,000 | 157,000 | 359,000 | 655,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 78,000 | 157,000 | 359,000 | 655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,250,000 | 9,222,000 | 9,317,000 | 9,507,000 |
| Total capital | 9,781,000 | 9,767,000 | 9,891,000 | 10,082,000 |
| Risk-weighted assets | 72,747,000 | 75,150,000 | 76,086,000 | 76,359,000 |