Call reports 2022
MINNESOTA LAKES BANK — 2022
What MINNESOTA LAKES BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 148,977,000 | 147,700,000 | 147,597,000 | 145,583,000 |
| Total loans | 70,297,000 | 75,116,000 | 73,533,000 | 71,978,000 |
| Allowance for loan losses | 614,000 | 606,000 | 605,000 | 605,000 |
| Securities available for sale | 37,640,000 | 47,998,000 | 54,699,000 | 54,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,024,000 | 135,438,000 | 135,805,000 | 133,642,000 |
| Interest-bearing deposits | 92,282,000 | 91,914,000 | 91,386,000 | 91,179,000 |
| Noninterest-bearing deposits | 43,742,000 | 43,524,000 | 44,419,000 | 42,464,000 |
| Equity capital | 12,340,000 | 11,656,000 | 11,128,000 | 11,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,065,000 | 2,303,000 | 3,675,000 | 5,103,000 |
| Interest expense | 14,000 | 27,000 | 39,000 | 57,000 |
| Net interest income | 1,051,000 | 2,276,000 | 3,636,000 | 5,046,000 |
| Noninterest income | 298,000 | 630,000 | 910,000 | 1,111,000 |
| Noninterest expense | 1,288,000 | 2,695,000 | 4,006,000 | 5,280,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 61,000 | 211,000 | 540,000 | 877,000 |
| Income tax | 30,000 | 62,000 | 95,000 | 127,000 |
| Net income | 31,000 | 149,000 | 445,000 | 750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,853,000 | 10,830,000 | 10,986,000 | 11,148,000 |
| Total capital | 11,467,000 | 11,436,000 | 11,591,000 | 11,753,000 |
| Risk-weighted assets | 78,609,000 | 82,414,000 | 81,545,000 | 81,094,000 |