Call reports 2017
WESTERN NATIONAL BANK OF CASS LAKE — 2017
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 33,716,000 | 35,193,000 | 36,869,000 | 31,337,000 |
| Total loans | 18,729,000 | 18,083,000 | 17,749,000 | 17,901,000 |
| Allowance for loan losses | 217,000 | 201,000 | 203,000 | 204,000 |
| Securities available for sale | 3,380,000 | 3,316,000 | 3,259,000 | 2,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,406,000 | 31,847,000 | 33,469,000 | 28,009,000 |
| Interest-bearing deposits | 23,031,000 | 22,713,000 | 22,622,000 | 19,974,000 |
| Noninterest-bearing deposits | 7,375,000 | 9,134,000 | 10,847,000 | 8,036,000 |
| Equity capital | 3,134,000 | 3,181,000 | 3,225,000 | 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 | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 303,000 | 616,000 | 935,000 | 1,250,000 |
| Interest expense | 16,000 | 31,000 | 45,000 | 57,000 |
| Net interest income | 287,000 | 585,000 | 890,000 | 1,193,000 |
| Noninterest income | 53,000 | 107,000 | 156,000 | 195,000 |
| Noninterest expense | 284,000 | 568,000 | 850,000 | 1,158,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 51,000 | 119,000 | 191,000 | 225,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 51,000 | 119,000 | 191,000 | 225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,732,000 | 2,776,000 | 2,822,000 | 2,832,000 |
| Total capital | 2,949,000 | 2,977,000 | 3,025,000 | 3,036,000 |
| Risk-weighted assets | 17,998,000 | 17,604,000 | 18,043,000 | 16,786,000 |