Call reports 2005
BANK OF TURTLE LAKE — 2005
What BANK OF TURTLE LAKE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 64,253,000 | 61,060,000 | 61,466,000 | 58,655,000 |
| Total loans | 32,208,000 | 32,424,000 | 32,853,000 | 32,811,000 |
| Allowance for loan losses | 385,000 | 377,000 | 371,000 | 372,000 |
| Securities available for sale | 16,841,000 | 16,434,000 | 16,063,000 | 15,664,000 |
| Securities held to maturity | 3,692,000 | 3,657,000 | 3,656,000 | 3,555,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,197,000 | 54,882,000 | 55,393,000 | 52,711,000 |
| Interest-bearing deposits | 50,431,000 | 45,302,000 | 44,877,000 | 42,576,000 |
| Noninterest-bearing deposits | 7,766,000 | 9,580,000 | 10,516,000 | 10,135,000 |
| Equity capital | 5,849,000 | 5,961,000 | 5,820,000 | 5,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 731,000 | 1,488,000 | 2,239,000 | 3,000,000 |
| Interest expense | 203,000 | 424,000 | 648,000 | 896,000 |
| Net interest income | 528,000 | 1,064,000 | 1,591,000 | 2,104,000 |
| Noninterest income | 61,000 | 115,000 | 180,000 | 242,000 |
| Noninterest expense | 440,000 | 867,000 | 1,361,000 | 1,837,000 |
| Provision for loan losses | 0 | 15,000 | 25,000 | 25,000 |
| Pretax income | 170,000 | 318,000 | 406,000 | 505,000 |
| Income tax | 23,000 | 36,000 | 49,000 | 65,000 |
| Net income | 147,000 | 282,000 | 357,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,136,000 | 6,076,000 | 6,031,000 | 5,984,000 |
| Total capital | 6,521,000 | 6,453,000 | 6,402,000 | 6,356,000 |
| Risk-weighted assets | 33,192,000 | 31,736,000 | 32,363,000 | 32,125,000 |