Call reports 2010
WESTERN NATIONAL BANK OF CASS LAKE — 2010
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 35,937,000 | 36,915,000 | 34,231,000 | 33,710,000 |
| Total loans | 22,381,000 | 22,993,000 | 22,295,000 | 23,369,000 |
| Allowance for loan losses | 320,000 | 341,000 | 365,000 | 372,000 |
| Securities available for sale | 10,904,000 | 10,512,000 | 9,437,000 | 7,856,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,621,000 | 33,428,000 | 29,418,000 | 27,269,000 |
| Interest-bearing deposits | 24,956,000 | 23,538,000 | 20,667,000 | 20,891,000 |
| Noninterest-bearing deposits | 6,665,000 | 9,890,000 | 8,751,000 | 6,378,000 |
| Equity capital | 2,856,000 | 3,011,000 | 3,074,000 | 3,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 474,000 | 975,000 | 1,450,000 | 1,916,000 |
| Interest expense | 66,000 | 130,000 | 185,000 | 230,000 |
| Net interest income | 408,000 | 845,000 | 1,265,000 | 1,686,000 |
| Noninterest income | 56,000 | 101,000 | 147,000 | 199,000 |
| Noninterest expense | 293,000 | 611,000 | 908,000 | 1,230,000 |
| Provision for loan losses | 118,000 | 142,000 | 166,000 | 178,000 |
| Pretax income | 53,000 | 193,000 | 338,000 | 477,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,000 | 193,000 | 338,000 | 477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,235,000 | 2,376,000 | 2,450,000 | 2,497,000 |
| Total capital | 2,495,000 | 2,650,000 | 2,716,000 | 2,768,000 |
| Risk-weighted assets | 20,753,000 | 21,881,000 | 21,150,000 | 21,552,000 |