Call reports 2009
WESTERN NATIONAL BANK OF CASS LAKE — 2009
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 32,024,000 | 36,555,000 | 39,394,000 | 39,758,000 |
| Total loans | 15,838,000 | 17,286,000 | 18,715,000 | 21,790,000 |
| Allowance for loan losses | 153,000 | 145,000 | 139,000 | 208,000 |
| Securities available for sale | 8,860,000 | 11,864,000 | 11,435,000 | 10,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,171,000 | 33,558,000 | 36,323,000 | 36,704,000 |
| Interest-bearing deposits | 23,819,000 | 27,463,000 | 30,118,000 | 30,531,000 |
| Noninterest-bearing deposits | 5,352,000 | 6,095,000 | 6,205,000 | 6,173,000 |
| Equity capital | 2,821,000 | 2,943,000 | 3,018,000 | 3,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 403,000 | 852,000 | 1,324,000 | 1,812,000 |
| Interest expense | 59,000 | 118,000 | 196,000 | 273,000 |
| Net interest income | 344,000 | 734,000 | 1,128,000 | 1,539,000 |
| Noninterest income | 64,000 | 123,000 | 188,000 | 232,000 |
| Noninterest expense | 267,000 | 542,000 | 845,000 | 1,156,000 |
| Provision for loan losses | 0 | 0 | 11,000 | 91,000 |
| Pretax income | 141,000 | 315,000 | 460,000 | 524,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 141,000 | 315,000 | 460,000 | 524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,254,000 | 2,356,000 | 2,403,000 | 2,381,000 |
| Total capital | 2,407,000 | 2,501,000 | 2,542,000 | 2,589,000 |
| Risk-weighted assets | 17,259,000 | 19,165,000 | 20,595,000 | 21,228,000 |