Call reports 2006
WESTERN NATIONAL BANK OF CASS LAKE — 2006
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 20,183,000 | 20,858,000 | 20,431,000 | 20,065,000 |
| Total loans | 10,825,000 | 10,642,000 | 10,024,000 | 10,520,000 |
| Allowance for loan losses | 155,000 | 154,000 | 151,000 | 154,000 |
| Securities available for sale | 5,462,000 | 5,263,000 | 7,045,000 | 6,054,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,032,000 | 13,610,000 | 18,270,000 | 16,069,000 |
| Interest-bearing deposits | 13,810,000 | 9,026,000 | 11,685,000 | 10,735,000 |
| Noninterest-bearing deposits | 4,222,000 | 4,584,000 | 6,585,000 | 5,334,000 |
| Equity capital | 2,118,000 | 1,964,000 | 2,104,000 | 2,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 261,000 | 507,000 | 808,000 | 1,107,000 |
| Interest expense | 47,000 | 105,000 | 165,000 | 236,000 |
| Net interest income | 214,000 | 402,000 | 643,000 | 871,000 |
| Noninterest income | 39,000 | 88,000 | 133,000 | 194,000 |
| Noninterest expense | 203,000 | 412,000 | 589,000 | 794,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 50,000 | 72,000 | 181,000 | 264,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 50,000 | 72,000 | 181,000 | 264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,837,000 | 1,737,000 | 1,849,000 | 1,834,000 |
| Total capital | 1,992,000 | 1,891,000 | 1,997,000 | 1,985,000 |
| Risk-weighted assets | 12,428,000 | 12,410,000 | 11,864,000 | 12,046,000 |