Call reports 2011
BANK OF TURTLE LAKE — 2011
What BANK OF TURTLE LAKE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 63,799,000 | 65,306,000 | 64,481,000 | 68,446,000 |
| Total loans | 30,890,000 | 31,758,000 | 31,750,000 | 31,886,000 |
| Allowance for loan losses | 448,000 | 445,000 | 441,000 | 428,000 |
| Securities available for sale | 21,737,000 | 23,742,000 | 22,812,000 | 25,522,000 |
| Securities held to maturity | 518,000 | 472,000 | 471,000 | 470,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,341,000 | 59,424,000 | 58,340,000 | 62,381,000 |
| Interest-bearing deposits | 46,493,000 | 44,358,000 | 46,859,000 | 46,238,000 |
| Noninterest-bearing deposits | 11,848,000 | 15,066,000 | 11,481,000 | 16,143,000 |
| Equity capital | 5,263,000 | 5,688,000 | 5,935,000 | 5,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 605,000 | 1,228,000 | 1,884,000 | 2,514,000 |
| Interest expense | 131,000 | 248,000 | 355,000 | 457,000 |
| Net interest income | 474,000 | 980,000 | 1,529,000 | 2,057,000 |
| Noninterest income | 65,000 | 135,000 | 211,000 | 292,000 |
| Noninterest expense | 468,000 | 953,000 | 1,427,000 | 1,961,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 20,000 |
| Pretax income | 97,000 | 201,000 | 356,000 | 448,000 |
| Income tax | 4,000 | 8,000 | 12,000 | 16,000 |
| Net income | 93,000 | 193,000 | 344,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,588,000 | 5,585,000 | 5,636,000 | 5,625,000 |
| Total capital | 5,994,000 | 6,000,000 | 6,048,000 | 6,046,000 |
| Risk-weighted assets | 32,426,000 | 33,148,000 | 32,934,000 | 33,691,000 |