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Call report 2024Q2

MINNESOTA LAKES BANK — 2024Q2

The 22 measures MINNESOTA LAKES BANK reported to the FFIEC for 2024Q2, each linked to its source filing.

PERIOD: 2024Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b44cd969-508a-4b6e-905d-8752cf4b2d89/2024Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets135,740,000USDevidence →
Total loans79,539,000USDevidence →
Allowance for loan losses592,000USDevidence →
Securities available for sale31,928,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits121,052,000USDevidence →
Interest-bearing deposits85,144,000USDevidence →
Noninterest-bearing deposits35,908,000USDevidence →
Equity capital13,569,000USDevidence →

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 income3,212,000USDevidence →
Interest expense194,000USDevidence →
Net interest income3,018,000USDevidence →
Noninterest income489,000USDevidence →
Noninterest expense2,481,000USDevidence →
Provision for loan losses37,000USDevidence →
Pretax income951,000USDevidence →
Income tax68,000USDevidence →
Net income883,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital12,369,000USDevidence →
Total capital13,024,000USDevidence →
Risk-weighted assets86,464,000USDevidence →