Call reports 2012
WESTERN NATIONAL BANK OF CASS LAKE — 2012
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 34,722,000 | 32,206,000 | 33,170,000 | 31,081,000 |
| Total loans | 21,172,000 | 21,828,000 | 21,185,000 | 20,696,000 |
| Allowance for loan losses | 440,000 | 446,000 | 441,000 | 407,000 |
| Securities available for sale | 6,793,000 | 6,444,000 | 6,199,000 | 5,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,470,000 | 28,803,000 | 29,862,000 | 27,821,000 |
| Interest-bearing deposits | 22,159,000 | 20,757,000 | 22,022,000 | 20,235,000 |
| Noninterest-bearing deposits | 9,311,000 | 8,045,000 | 7,840,000 | 7,586,000 |
| Equity capital | 3,193,000 | 3,208,000 | 3,250,000 | 3,221,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 400,000 | 799,000 | 1,198,000 | 1,595,000 |
| Interest expense | 20,000 | 43,000 | 59,000 | 75,000 |
| Net interest income | 380,000 | 756,000 | 1,139,000 | 1,520,000 |
| Noninterest income | 45,000 | 65,000 | 110,000 | 151,000 |
| Noninterest expense | 306,000 | 592,000 | 907,000 | 1,248,000 |
| Provision for loan losses | 15,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | 104,000 | 209,000 | 322,000 | 403,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 104,000 | 209,000 | 322,000 | 403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,638,000 | 2,655,000 | 2,681,000 | 2,674,000 |
| Total capital | 2,885,000 | 2,904,000 | 2,924,000 | 2,907,000 |
| Risk-weighted assets | 19,583,000 | 19,723,000 | 19,241,000 | 18,471,000 |