Call reports 2004
WESTERN NATIONAL BANK OF CASS LAKE — 2004
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 23,059,000 | 21,530,000 | 21,391,000 | 24,798,000 |
| Total loans | 10,581,000 | 12,257,000 | 12,002,000 | 12,575,000 |
| Allowance for loan losses | 159,000 | 161,000 | 168,000 | 171,000 |
| Securities available for sale | 5,499,000 | 5,417,000 | 5,450,000 | 5,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,899,000 | 15,951,000 | 19,376,000 | 19,668,000 |
| Interest-bearing deposits | 16,569,000 | 12,058,000 | 14,774,000 | 15,918,000 |
| Noninterest-bearing deposits | 4,330,000 | 3,893,000 | 4,602,000 | 3,750,000 |
| Equity capital | 2,115,000 | 2,043,000 | 1,990,000 | 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 | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 204,000 | 408,000 | 635,000 | 850,000 |
| Interest expense | 42,000 | 78,000 | 120,000 | 156,000 |
| Net interest income | 162,000 | 330,000 | 515,000 | 694,000 |
| Noninterest income | 50,000 | 138,000 | 187,000 | 240,000 |
| Noninterest expense | 259,000 | 506,000 | 745,000 | 973,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -42,000 | -33,000 | -38,000 | -34,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -42,000 | -33,000 | -38,000 | -34,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,507,000 | 1,516,000 | 1,563,000 | 1,569,000 |
| Total capital | 1,656,000 | 1,676,000 | 1,721,000 | 1,740,000 |
| Risk-weighted assets | 11,931,000 | 12,790,000 | 12,620,000 | 13,949,000 |