Call reports 2001
WESTERN NATIONAL BANK OF CASS LAKE — 2001
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 18,222,000 | 16,561,000 | 20,338,000 | 20,880,000 |
| Total loans | 6,600,000 | 6,034,000 | 5,476,000 | 5,714,000 |
| Allowance for loan losses | 96,000 | 73,000 | 93,000 | 117,000 |
| Securities available for sale | 5,328,000 | 5,106,000 | 5,330,000 | 6,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,708,000 | 15,057,000 | 18,049,000 | 18,662,000 |
| Interest-bearing deposits | 14,566,000 | 12,005,000 | 13,960,000 | 15,662,000 |
| Noninterest-bearing deposits | 2,142,000 | 3,052,000 | 4,089,000 | 3,000,000 |
| Equity capital | 1,426,000 | 1,428,000 | 2,199,000 | 2,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 336,000 | 607,000 | 20,000 | 245,000 |
| Interest expense | 154,000 | 260,000 | 5,000 | 81,000 |
| Net interest income | 182,000 | 347,000 | 15,000 | 164,000 |
| Noninterest income | 44,000 | 103,000 | 6,000 | 77,000 |
| Noninterest expense | 197,000 | 377,000 | 7,000 | 249,000 |
| Provision for loan losses | 26,000 | 73,000 | 0 | 44,000 |
| Pretax income | 3,000 | 0 | 14,000 | -52,000 |
| Income tax | 3,000 | 5,000 | 2,000 | -42,000 |
| Net income | 0 | -5,000 | 12,000 | -10,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,413,000 | 1,413,000 | 1,407,000 | 1,395,000 |
| Total capital | 1,509,000 | 1,486,000 | 1,500,000 | 1,492,000 |
| Risk-weighted assets | 8,370,000 | 7,531,000 | 7,611,000 | 7,752,000 |