Call reports 2011
WESTERN NATIONAL BANK OF CASS LAKE — 2011
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 37,227,000 | 33,867,000 | 32,260,000 | 30,938,000 |
| Total loans | 23,446,000 | 23,242,000 | 22,115,000 | 21,337,000 |
| Allowance for loan losses | 388,000 | 417,000 | 450,000 | 435,000 |
| Securities available for sale | 7,507,000 | 7,501,000 | 7,196,000 | 6,899,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,020,000 | 29,942,000 | 28,869,000 | 26,177,000 |
| Interest-bearing deposits | 27,588,000 | 20,476,000 | 20,757,000 | 18,137,000 |
| Noninterest-bearing deposits | 6,432,000 | 9,466,000 | 8,112,000 | 8,040,000 |
| Equity capital | 3,147,000 | 3,240,000 | 3,314,000 | 3,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 454,000 | 941,000 | 1,374,000 | 1,800,000 |
| Interest expense | 38,000 | 71,000 | 95,000 | 118,000 |
| Net interest income | 416,000 | 870,000 | 1,279,000 | 1,682,000 |
| Noninterest income | 47,000 | 95,000 | 221,000 | 189,000 |
| Noninterest expense | 329,000 | 637,000 | 976,000 | 1,401,000 |
| Provision for loan losses | 15,000 | 45,000 | 78,000 | 81,000 |
| Pretax income | 119,000 | 283,000 | 446,000 | 456,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 119,000 | 283,000 | 446,000 | 456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,543,000 | 2,622,000 | 2,700,000 | 2,621,000 |
| Total capital | 2,824,000 | 2,893,000 | 2,947,000 | 2,859,000 |
| Risk-weighted assets | 22,412,000 | 21,567,000 | 19,532,000 | 18,841,000 |