Call reports 2002
WESTERN NATIONAL BANK OF CASS LAKE — 2002
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 21,010,000 | 22,541,000 | 21,204,000 | 17,907,000 |
| Total loans | 5,456,000 | 5,298,000 | 5,250,000 | 6,602,000 |
| Allowance for loan losses | 145,000 | 167,000 | 146,000 | 141,000 |
| Securities available for sale | 7,534,000 | 6,947,000 | 10,021,000 | 6,957,000 |
| Securities held to maturity | 0 | 1,004,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,895,000 | 20,410,000 | 18,998,000 | 15,903,000 |
| Interest-bearing deposits | 15,073,000 | 17,128,000 | 14,618,000 | 13,395,000 |
| Noninterest-bearing deposits | 3,822,000 | 3,282,000 | 4,380,000 | 2,508,000 |
| Equity capital | 2,087,000 | 2,108,000 | 2,179,000 | 1,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 207,000 | 420,000 | 642,000 | 845,000 |
| Interest expense | 59,000 | 117,000 | 181,000 | 218,000 |
| Net interest income | 148,000 | 303,000 | 461,000 | 627,000 |
| Noninterest income | 49,000 | 104,000 | 188,000 | 236,000 |
| Noninterest expense | 214,000 | 465,000 | 712,000 | 955,000 |
| Provision for loan losses | 49,000 | 64,000 | 63,000 | 73,000 |
| Pretax income | -66,000 | -122,000 | -126,000 | -102,000 |
| Income tax | 11,000 | 11,000 | 11,000 | 11,000 |
| Net income | -77,000 | -133,000 | -137,000 | -113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,320,000 | 1,266,000 | 1,263,000 | 1,289,000 |
| Total capital | 1,415,000 | 1,366,000 | 1,359,000 | 1,389,000 |
| Risk-weighted assets | 7,582,000 | 7,954,000 | 7,625,000 | 7,979,000 |