Call reports 2015
WESTERN NATIONAL BANK OF CASS LAKE — 2015
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 33,518,000 | 32,706,000 | 31,634,000 | 31,708,000 |
| Total loans | 21,157,000 | 20,735,000 | 21,085,000 | 21,640,000 |
| Allowance for loan losses | 294,000 | 295,000 | 293,000 | 291,000 |
| Securities available for sale | 6,541,000 | 5,898,000 | 6,275,000 | 6,148,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,275,000 | 29,455,000 | 27,539,000 | 27,342,000 |
| Interest-bearing deposits | 23,457,000 | 23,478,000 | 21,461,000 | 20,462,000 |
| Noninterest-bearing deposits | 6,818,000 | 5,977,000 | 6,078,000 | 6,880,000 |
| Equity capital | 3,207,000 | 3,229,000 | 3,262,000 | 3,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 348,000 | 719,000 | 1,094,000 | 1,459,000 |
| Interest expense | 19,000 | 36,000 | 54,000 | 71,000 |
| Net interest income | 329,000 | 683,000 | 1,040,000 | 1,388,000 |
| Noninterest income | 57,000 | 121,000 | 182,000 | 239,000 |
| Noninterest expense | 339,000 | 666,000 | 993,000 | 1,344,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 47,000 | 138,000 | 229,000 | 283,000 |
| Income tax | 0 | 1,000 | 2,000 | 3,000 |
| Net income | 47,000 | 137,000 | 227,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,763,000 | 2,793,000 | 2,823,000 | 2,816,000 |
| Total capital | 3,016,000 | 3,040,000 | 3,072,000 | 3,073,000 |
| Risk-weighted assets | 20,233,000 | 19,737,000 | 19,902,000 | 20,503,000 |