Call reports 2007
BANK OF TURTLE LAKE — 2007
What BANK OF TURTLE LAKE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 60,110,000 | 58,721,000 | 59,635,000 | 61,475,000 |
| Total loans | 32,527,000 | 32,693,000 | 33,834,000 | 33,816,000 |
| Allowance for loan losses | 383,000 | 381,000 | 377,000 | 374,000 |
| Securities available for sale | 12,544,000 | 12,720,000 | 13,217,000 | 13,701,000 |
| Securities held to maturity | 5,119,000 | 5,048,000 | 4,649,000 | 3,515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,891,000 | 52,499,000 | 53,270,000 | 55,093,000 |
| Interest-bearing deposits | 45,303,000 | 43,351,000 | 43,736,000 | 45,055,000 |
| Noninterest-bearing deposits | 8,588,000 | 9,148,000 | 9,534,000 | 10,038,000 |
| Equity capital | 5,927,000 | 5,888,000 | 6,045,000 | 6,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 854,000 | 1,747,000 | 2,639,000 | 3,536,000 |
| Interest expense | 372,000 | 767,000 | 1,146,000 | 1,511,000 |
| Net interest income | 482,000 | 980,000 | 1,493,000 | 2,025,000 |
| Noninterest income | 77,000 | 157,000 | 223,000 | 312,000 |
| Noninterest expense | 467,000 | 898,000 | 1,381,000 | 1,885,000 |
| Provision for loan losses | 5,000 | 10,000 | 15,000 | 25,000 |
| Pretax income | 87,000 | 229,000 | 321,000 | 428,000 |
| Income tax | 2,000 | 5,000 | 8,000 | 15,000 |
| Net income | 85,000 | 224,000 | 313,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,067,000 | 6,071,000 | 6,097,000 | 6,069,000 |
| Total capital | 6,450,000 | 6,452,000 | 6,474,000 | 6,443,000 |
| Risk-weighted assets | 31,835,000 | 32,137,000 | 33,196,000 | 33,556,000 |