Call reports 2013
WESTERN NATIONAL BANK OF CASS LAKE — 2013
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 33,598,000 | 31,624,000 | 34,040,000 | 30,596,000 |
| Total loans | 20,766,000 | 21,074,000 | 21,674,000 | 21,297,000 |
| Allowance for loan losses | 411,000 | 408,000 | 387,000 | 385,000 |
| Securities available for sale | 6,582,000 | 6,226,000 | 5,960,000 | 5,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,398,000 | 28,490,000 | 30,900,000 | 26,459,000 |
| Interest-bearing deposits | 21,398,000 | 19,905,000 | 23,140,000 | 17,625,000 |
| Noninterest-bearing deposits | 9,000,000 | 8,585,000 | 7,760,000 | 8,834,000 |
| Equity capital | 3,175,000 | 3,122,000 | 3,111,000 | 3,119,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 372,000 | 746,000 | 1,126,000 | 1,517,000 |
| Interest expense | 16,000 | 31,000 | 45,000 | 58,000 |
| Net interest income | 356,000 | 715,000 | 1,081,000 | 1,459,000 |
| Noninterest income | 43,000 | 72,000 | 111,000 | 161,000 |
| Noninterest expense | 317,000 | 611,000 | 928,000 | 1,301,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 77,000 | 171,000 | 259,000 | 314,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 77,000 | 171,000 | 259,000 | 314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,665,000 | 2,698,000 | 2,727,000 | 2,721,000 |
| Total capital | 2,908,000 | 2,932,000 | 2,974,000 | 2,962,000 |
| Risk-weighted assets | 19,284,000 | 18,552,000 | 19,606,000 | 19,133,000 |