Call reports 2007
WESTERN NATIONAL BANK OF CASS LAKE — 2007
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 20,715,000 | 23,893,000 | 25,598,000 | 24,194,000 |
| Total loans | 10,977,000 | 12,326,000 | 13,125,000 | 13,649,000 |
| Allowance for loan losses | 156,000 | 156,000 | 157,000 | 157,000 |
| Securities available for sale | 6,061,000 | 7,050,000 | 7,089,000 | 7,100,000 |
| Securities held to maturity | 0 | 1,097,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,561,000 | 20,730,000 | 23,559,000 | 22,013,000 |
| Interest-bearing deposits | 14,584,000 | 14,230,000 | 17,878,000 | 17,527,000 |
| Noninterest-bearing deposits | 3,977,000 | 6,500,000 | 5,681,000 | 4,486,000 |
| Equity capital | 2,061,000 | 2,046,000 | 1,892,000 | 2,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 304,000 | 632,000 | 1,080,000 | 1,425,000 |
| Interest expense | 77,000 | 173,000 | 313,000 | 437,000 |
| Net interest income | 227,000 | 459,000 | 767,000 | 988,000 |
| Noninterest income | 62,000 | 134,000 | 139,000 | 251,000 |
| Noninterest expense | 220,000 | 455,000 | 689,000 | 927,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 138,000 | 217,000 | 312,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 138,000 | 217,000 | 312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,800,000 | 1,802,000 | 1,613,000 | 1,611,000 |
| Total capital | 1,956,000 | 1,957,000 | 1,770,000 | 1,768,000 |
| Risk-weighted assets | 12,469,000 | 12,370,000 | 14,733,000 | 14,828,000 |