Call reports 2016
WESTERN NATIONAL BANK OF CASS LAKE — 2016
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 33,374,000 | 31,977,000 | 35,070,000 | 32,965,000 |
| Total loans | 20,838,000 | 20,497,000 | 19,617,000 | 19,156,000 |
| Allowance for loan losses | 253,000 | 240,000 | 242,000 | 215,000 |
| Securities available for sale | 5,566,000 | 5,195,000 | 3,547,000 | 3,433,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,108,000 | 26,467,000 | 31,774,000 | 29,755,000 |
| Interest-bearing deposits | 21,752,000 | 19,417,000 | 23,375,000 | 23,184,000 |
| Noninterest-bearing deposits | 8,356,000 | 7,051,000 | 8,398,000 | 6,571,000 |
| Equity capital | 3,250,000 | 3,225,000 | 3,198,000 | 3,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 364,000 | 716,000 | 1,057,000 | 1,382,000 |
| Interest expense | 14,000 | 29,000 | 43,000 | 56,000 |
| Net interest income | 350,000 | 687,000 | 1,014,000 | 1,326,000 |
| Noninterest income | 85,000 | 143,000 | 192,000 | 251,000 |
| Noninterest expense | 338,000 | 682,000 | 1,017,000 | 1,337,000 |
| Provision for loan losses | 40,000 | 65,000 | 65,000 | 75,000 |
| Pretax income | 57,000 | 83,000 | 124,000 | 165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 57,000 | 83,000 | 124,000 | 165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,813,000 | 2,778,000 | 2,760,000 | 2,742,000 |
| Total capital | 3,065,000 | 3,016,000 | 2,996,000 | 2,957,000 |
| Risk-weighted assets | 20,196,000 | 19,000,000 | 18,902,000 | 17,863,000 |