Call reports 2006
BANK OF TURTLE LAKE — 2006
What BANK OF TURTLE LAKE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 59,084,000 | 63,744,000 | 60,578,000 | 58,234,000 |
| Total loans | 32,483,000 | 33,354,000 | 33,689,000 | 33,928,000 |
| Allowance for loan losses | 366,000 | 372,000 | 377,000 | 379,000 |
| Securities available for sale | 11,879,000 | 12,117,000 | 12,511,000 | 12,449,000 |
| Securities held to maturity | 4,794,000 | 4,723,000 | 4,659,000 | 5,010,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,145,000 | 57,770,000 | 54,419,000 | 52,055,000 |
| Interest-bearing deposits | 44,641,000 | 48,546,000 | 45,206,000 | 43,050,000 |
| Noninterest-bearing deposits | 8,504,000 | 9,224,000 | 9,213,000 | 9,005,000 |
| Equity capital | 5,671,000 | 5,674,000 | 5,852,000 | 5,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 762,000 | 1,590,000 | 2,430,000 | 3,293,000 |
| Interest expense | 280,000 | 597,000 | 922,000 | 1,262,000 |
| Net interest income | 482,000 | 993,000 | 1,508,000 | 2,031,000 |
| Noninterest income | 63,000 | 128,000 | 215,000 | 310,000 |
| Noninterest expense | 494,000 | 926,000 | 1,426,000 | 1,898,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 41,000 | 186,000 | 289,000 | 436,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 41,000 | 186,000 | 289,000 | 436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,995,000 | 6,079,000 | 6,067,000 | 6,082,000 |
| Total capital | 6,361,000 | 6,451,000 | 6,444,000 | 6,461,000 |
| Risk-weighted assets | 32,061,000 | 33,423,000 | 33,386,000 | 32,657,000 |