Call reports 2018
WESTERN NATIONAL BANK OF CASS LAKE — 2018
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 33,349,000 | 34,251,000 | 35,775,000 | 35,419,000 |
| Total loans | 17,267,000 | 17,744,000 | 17,354,000 | 17,788,000 |
| Allowance for loan losses | 207,000 | 206,000 | 209,000 | 207,000 |
| Securities available for sale | 2,435,000 | 2,386,000 | 2,350,000 | 2,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,922,000 | 30,745,000 | 32,336,000 | 31,824,000 |
| Interest-bearing deposits | 21,027,000 | 21,093,000 | 23,120,000 | 21,733,000 |
| Noninterest-bearing deposits | 8,895,000 | 9,652,000 | 9,216,000 | 10,091,000 |
| Equity capital | 3,284,000 | 3,364,000 | 3,242,000 | 3,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 312,000 | 645,000 | 992,000 | 1,337,000 |
| Interest expense | 15,000 | 47,000 | 93,000 | 148,000 |
| Net interest income | 297,000 | 598,000 | 899,000 | 1,189,000 |
| Noninterest income | 89,000 | 164,000 | 236,000 | 310,000 |
| Noninterest expense | 282,000 | 570,000 | 886,000 | 1,194,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 104,000 | 192,000 | 249,000 | 305,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 104,000 | 192,000 | 249,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,911,000 | 2,999,000 | 2,876,000 | 2,907,000 |
| Total capital | 3,118,000 | 3,205,000 | 3,085,000 | 3,107,000 |
| Risk-weighted assets | 17,036,000 | 16,532,000 | 16,734,000 | 15,984,000 |