Call reports 2003
WESTERN NATIONAL BANK OF CASS LAKE — 2003
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 16,764,000 | 19,355,000 | 25,017,000 | 21,540,000 |
| Total loans | 6,068,000 | 7,402,000 | 8,029,000 | 9,810,000 |
| Allowance for loan losses | 132,000 | 154,000 | 165,000 | 160,000 |
| Securities available for sale | 4,401,000 | 5,314,000 | 7,579,000 | 6,259,000 |
| Securities held to maturity | 900,000 | 0 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,817,000 | 17,507,000 | 23,243,000 | 19,433,000 |
| Interest-bearing deposits | 11,007,000 | 14,042,000 | 18,986,000 | 15,534,000 |
| Noninterest-bearing deposits | 3,810,000 | 3,465,000 | 4,257,000 | 3,899,000 |
| Equity capital | 1,921,000 | 1,831,000 | 1,751,000 | 2,084,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 181,000 | 350,000 | 536,000 | 739,000 |
| Interest expense | 32,000 | 79,000 | 128,000 | 169,000 |
| Net interest income | 149,000 | 271,000 | 408,000 | 570,000 |
| Noninterest income | 36,000 | 92,000 | 154,000 | 223,000 |
| Noninterest expense | 229,000 | 505,000 | 762,000 | 1,018,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -9,000 | -107,000 | -163,000 | -179,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -9,000 | -107,000 | -163,000 | -179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,282,000 | 1,187,000 | 1,133,000 | 1,484,000 |
| Total capital | 1,374,000 | 1,298,000 | 1,264,000 | 1,623,000 |
| Risk-weighted assets | 7,330,000 | 8,801,000 | 10,464,000 | 11,089,000 |