Call reports 2020
WESTERN NATIONAL BANK OF CASS LAKE — 2020
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 33,625,000 | 32,433,000 | 34,921,000 | 34,296,000 |
| Total loans | 20,232,000 | 19,878,000 | 18,531,000 | 17,892,000 |
| Allowance for loan losses | 217,000 | 201,000 | 199,000 | 200,000 |
| Securities available for sale | 233,000 | 210,000 | 183,000 | 161,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,215,000 | 28,750,000 | 31,381,000 | 30,901,000 |
| Interest-bearing deposits | 21,712,000 | 19,067,000 | 21,079,000 | 20,283,000 |
| Noninterest-bearing deposits | 8,503,000 | 9,683,000 | 10,302,000 | 10,618,000 |
| Equity capital | 3,195,000 | 3,268,000 | 3,315,000 | 3,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 340,000 | 657,000 | 963,000 | 1,254,000 |
| Interest expense | 69,000 | 118,000 | 161,000 | 198,000 |
| Net interest income | 271,000 | 539,000 | 802,000 | 1,056,000 |
| Noninterest income | 52,000 | 111,000 | 192,000 | 251,000 |
| Noninterest expense | 256,000 | 512,000 | 778,000 | 1,058,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 67,000 | 138,000 | 216,000 | 249,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 67,000 | 138,000 | 216,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,796,000 | 2,867,000 | 2,922,000 | 2,885,000 |
| Total capital | 3,013,000 | 3,068,000 | 3,121,000 | 3,085,000 |
| Risk-weighted assets | 18,063,000 | 18,396,000 | 17,366,000 | 17,027,000 |