Call reports 2001
BANK OF TURTLE LAKE — 2001
What BANK OF TURTLE LAKE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 55,004,000 | 55,416,000 | 58,690,000 | 59,718,000 |
| Total loans | 30,447,000 | 31,230,000 | 30,924,000 | 32,152,000 |
| Allowance for loan losses | 321,000 | 291,000 | 298,000 | 300,000 |
| Securities available for sale | 13,153,000 | 12,981,000 | 13,271,000 | 14,048,000 |
| Securities held to maturity | 1,589,000 | 2,089,000 | 1,453,000 | 1,221,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,287,000 | 49,717,000 | 52,675,000 | 53,904,000 |
| Interest-bearing deposits | 43,092,000 | 41,821,000 | 43,864,000 | 45,585,000 |
| Noninterest-bearing deposits | 6,195,000 | 7,896,000 | 8,811,000 | 8,319,000 |
| Equity capital | 5,396,000 | 5,370,000 | 5,570,000 | 5,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 959,000 | 1,901,000 | 2,836,000 | 3,743,000 |
| Interest expense | 500,000 | 989,000 | 1,449,000 | 1,885,000 |
| Net interest income | 459,000 | 912,000 | 1,387,000 | 1,858,000 |
| Noninterest income | 70,000 | 143,000 | 211,000 | 323,000 |
| Noninterest expense | 362,000 | 767,000 | 1,136,000 | 1,596,000 |
| Provision for loan losses | 0 | 10,000 | 35,000 | 75,000 |
| Pretax income | 168,000 | 281,000 | 440,000 | 527,000 |
| Income tax | 49,000 | 89,000 | 127,000 | 118,000 |
| Net income | 119,000 | 192,000 | 313,000 | 409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,372,000 | 5,365,000 | 5,486,000 | 5,491,000 |
| Total capital | 5,693,000 | 5,656,000 | 5,784,000 | 5,791,000 |
| Risk-weighted assets | 29,368,000 | 31,274,000 | 31,789,000 | 33,134,000 |