Call reports 2021
MINNESOTA LAKES BANK — 2021
What MINNESOTA LAKES BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 143,837,000 | 144,629,000 | 145,737,000 | 153,435,000 |
| Total loans | 87,373,000 | 84,918,000 | 69,716,000 | 70,426,000 |
| Allowance for loan losses | 641,000 | 639,000 | 668,000 | 614,000 |
| Securities available for sale | 11,760,000 | 14,872,000 | 13,777,000 | 25,963,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,824,000 | 130,226,000 | 131,489,000 | 139,368,000 |
| Interest-bearing deposits | 80,479,000 | 85,406,000 | 85,122,000 | 99,377,000 |
| Noninterest-bearing deposits | 49,345,000 | 44,820,000 | 46,368,000 | 39,991,000 |
| Equity capital | 13,163,000 | 13,367,000 | 13,636,000 | 13,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,363,000 | 2,589,000 | 3,981,000 | 5,065,000 |
| Interest expense | 88,000 | 115,000 | 139,000 | 158,000 |
| Net interest income | 1,275,000 | 2,474,000 | 3,842,000 | 4,907,000 |
| Noninterest income | 406,000 | 852,000 | 1,267,000 | 1,697,000 |
| Noninterest expense | 1,261,000 | 2,505,000 | 3,829,000 | 5,213,000 |
| Provision for loan losses | 0 | 0 | 0 | -60,000 |
| Pretax income | 420,000 | 821,000 | 1,280,000 | 1,451,000 |
| Income tax | 0 | 0 | 0 | 130,000 |
| Net income | 420,000 | 821,000 | 1,280,000 | 1,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,490,000 | 10,749,000 | 11,065,000 | 10,965,000 |
| Total capital | 11,131,000 | 11,388,000 | 11,733,000 | 11,579,000 |
| Risk-weighted assets | 76,258,000 | 73,376,000 | 74,673,000 | 76,238,000 |