Call reports 2005
WESTERN NATIONAL BANK OF CASS LAKE — 2005
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 19,690,000 | 20,978,000 | 20,840,000 | 20,677,000 |
| Total loans | 12,211,000 | 12,526,000 | 12,630,000 | 11,848,000 |
| Allowance for loan losses | 175,000 | 185,000 | 205,000 | 156,000 |
| Securities available for sale | 5,404,000 | 5,453,000 | 5,420,000 | 5,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,672,000 | 15,278,000 | 17,582,000 | 17,076,000 |
| Interest-bearing deposits | 14,525,000 | 10,540,000 | 11,680,000 | 12,734,000 |
| Noninterest-bearing deposits | 3,147,000 | 4,738,000 | 5,902,000 | 4,343,000 |
| Equity capital | 1,965,000 | 2,024,000 | 2,042,000 | 2,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 236,000 | 493,000 | 769,000 | 1,051,000 |
| Interest expense | 49,000 | 96,000 | 144,000 | 186,000 |
| Net interest income | 187,000 | 397,000 | 625,000 | 865,000 |
| Noninterest income | 43,000 | 82,000 | 121,000 | 167,000 |
| Noninterest expense | 222,000 | 433,000 | 655,000 | 861,000 |
| Provision for loan losses | 0 | 8,000 | 30,000 | -20,000 |
| Pretax income | 8,000 | 38,000 | 61,000 | 191,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 8,000 | 38,000 | 61,000 | 191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,656,000 | 1,730,000 | 1,753,000 | 1,887,000 |
| Total capital | 1,817,000 | 1,897,000 | 1,925,000 | 2,043,000 |
| Risk-weighted assets | 12,874,000 | 13,311,000 | 13,741,000 | 13,147,000 |