Call reports 2009
BANK OF TURTLE LAKE — 2009
What BANK OF TURTLE LAKE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 58,788,000 | 59,394,000 | 60,319,000 | 62,440,000 |
| Total loans | 32,631,000 | 32,816,000 | 32,550,000 | 33,597,000 |
| Allowance for loan losses | 375,000 | 377,000 | 382,000 | 388,000 |
| Securities available for sale | 14,544,000 | 15,541,000 | 17,787,000 | 17,360,000 |
| Securities held to maturity | 591,000 | 416,000 | 415,000 | 395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,072,000 | 52,895,000 | 53,689,000 | 55,992,000 |
| Interest-bearing deposits | 43,981,000 | 44,100,000 | 44,927,000 | 46,760,000 |
| Noninterest-bearing deposits | 8,091,000 | 8,795,000 | 8,762,000 | 9,232,000 |
| Equity capital | 6,459,000 | 6,227,000 | 6,365,000 | 6,263,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 719,000 | 1,449,000 | 2,178,000 | 2,897,000 |
| Interest expense | 218,000 | 418,000 | 605,000 | 777,000 |
| Net interest income | 501,000 | 1,031,000 | 1,573,000 | 2,120,000 |
| Noninterest income | 94,000 | 155,000 | 205,000 | 297,000 |
| Noninterest expense | 466,000 | 964,000 | 1,432,000 | 1,951,000 |
| Provision for loan losses | 10,000 | 20,000 | 25,000 | 30,000 |
| Pretax income | 119,000 | 202,000 | 321,000 | 436,000 |
| Income tax | 7,000 | 14,000 | 21,000 | 26,000 |
| Net income | 112,000 | 188,000 | 300,000 | 410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,214,000 | 6,135,000 | 6,185,000 | 6,195,000 |
| Total capital | 6,589,000 | 6,512,000 | 6,567,000 | 6,583,000 |
| Risk-weighted assets | 33,091,000 | 33,227,000 | 33,333,000 | 34,270,000 |