FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

MINNESOTA LAKES BANK — 2024Q1

The 22 measures MINNESOTA LAKES BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b44cd969-508a-4b6e-905d-8752cf4b2d89/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets128,489,000USDevidence →
Total loans78,874,000USDevidence →
Allowance for loan losses549,000USDevidence →
Securities available for sale32,804,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits114,189,000USDevidence →
Interest-bearing deposits77,559,000USDevidence →
Noninterest-bearing deposits36,630,000USDevidence →
Equity capital13,249,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income1,595,000USDevidence →
Interest expense95,000USDevidence →
Net interest income1,500,000USDevidence →
Noninterest income196,000USDevidence →
Noninterest expense1,218,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income448,000USDevidence →
Income tax31,000USDevidence →
Net income417,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital12,194,000USDevidence →
Total capital12,805,000USDevidence →
Risk-weighted assets87,570,000USDevidence →