Call reports 2010
BANK OF TURTLE LAKE — 2010
What BANK OF TURTLE LAKE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 59,123,000 | 58,257,000 | 59,449,000 | 60,702,000 |
| Total loans | 33,216,000 | 34,263,000 | 32,298,000 | 31,986,000 |
| Allowance for loan losses | 392,000 | 379,000 | 306,000 | 450,000 |
| Securities available for sale | 17,846,000 | 14,352,000 | 14,977,000 | 18,187,000 |
| Securities held to maturity | 350,000 | 305,000 | 305,000 | 360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,506,000 | 51,615,000 | 52,788,000 | 54,825,000 |
| Interest-bearing deposits | 44,124,000 | 42,666,000 | 44,045,000 | 45,471,000 |
| Noninterest-bearing deposits | 8,382,000 | 8,949,000 | 8,743,000 | 9,354,000 |
| Equity capital | 6,390,000 | 6,420,000 | 6,444,000 | 5,260,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 704,000 | 1,397,000 | 2,055,000 | 2,678,000 |
| Interest expense | 168,000 | 314,000 | 447,000 | 579,000 |
| Net interest income | 536,000 | 1,083,000 | 1,608,000 | 2,099,000 |
| Noninterest income | 58,000 | 134,000 | 228,000 | 344,000 |
| Noninterest expense | 464,000 | 951,000 | 1,418,000 | 2,101,000 |
| Provision for loan losses | 10,000 | 25,000 | 70,000 | 206,000 |
| Pretax income | 120,000 | 241,000 | 348,000 | 136,000 |
| Income tax | 17,000 | 24,000 | 35,000 | 42,000 |
| Net income | 103,000 | 217,000 | 313,000 | 94,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,248,000 | 6,188,000 | 6,183,000 | 5,495,000 |
| Total capital | 6,640,000 | 6,567,000 | 6,489,000 | 5,908,000 |
| Risk-weighted assets | 33,330,000 | 33,827,000 | 32,997,000 | 33,042,000 |