Call reports 2013
BANK OF TURTLE LAKE — 2013
What BANK OF TURTLE LAKE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 67,950,000 | 63,614,000 | 65,907,000 | 65,541,000 |
| Total loans | 31,277,000 | 32,075,000 | 32,241,000 | 31,696,000 |
| Allowance for loan losses | 435,000 | 436,000 | 434,000 | 406,000 |
| Securities available for sale | 23,112,000 | 21,034,000 | 20,234,000 | 18,108,000 |
| Securities held to maturity | 1,266,000 | 1,266,000 | 1,265,000 | 1,265,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,960,000 | 58,095,000 | 60,241,000 | 60,096,000 |
| Interest-bearing deposits | 47,482,000 | 45,302,000 | 47,000,000 | 46,185,000 |
| Noninterest-bearing deposits | 14,478,000 | 12,793,000 | 13,241,000 | 13,911,000 |
| Equity capital | 5,851,000 | 5,381,000 | 5,492,000 | 5,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 548,000 | 1,090,000 | 1,641,000 | 2,190,000 |
| Interest expense | 76,000 | 147,000 | 214,000 | 279,000 |
| Net interest income | 472,000 | 943,000 | 1,427,000 | 1,911,000 |
| Noninterest income | 68,000 | 135,000 | 210,000 | 291,000 |
| Noninterest expense | 465,000 | 939,000 | 1,377,000 | 1,850,000 |
| Provision for loan losses | 0 | 0 | 0 | -23,000 |
| Pretax income | 75,000 | 182,000 | 302,000 | 418,000 |
| Income tax | 0 | 0 | 0 | 11,000 |
| Net income | 75,000 | 182,000 | 302,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,627,000 | 5,734,000 | 5,853,000 | 5,794,000 |
| Total capital | 6,036,000 | 6,142,000 | 6,266,000 | 6,200,000 |
| Risk-weighted assets | 32,718,000 | 32,622,000 | 33,033,000 | 33,220,000 |