Call reports 2021
WESTERN NATIONAL BANK OF CASS LAKE — 2021
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 34,285,000 | 40,166,000 | 39,569,000 | 33,566,000 |
| Total loans | 17,193,000 | 15,832,000 | 15,607,000 | 14,176,000 |
| Allowance for loan losses | 200,000 | 203,000 | 206,000 | 208,000 |
| Securities available for sale | 3,137,000 | 6,104,000 | 7,583,000 | 7,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,812,000 | 36,697,000 | 36,078,000 | 29,968,000 |
| Interest-bearing deposits | 22,278,000 | 23,959,000 | 23,213,000 | 16,133,000 |
| Noninterest-bearing deposits | 8,534,000 | 12,738,000 | 12,865,000 | 13,835,000 |
| Equity capital | 3,332,000 | 3,362,000 | 3,391,000 | 3,417,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 266,000 | 516,000 | 755,000 | 976,000 |
| Interest expense | 29,000 | 54,000 | 81,000 | 100,000 |
| Net interest income | 237,000 | 462,000 | 674,000 | 876,000 |
| Noninterest income | 51,000 | 108,000 | 178,000 | 267,000 |
| Noninterest expense | 241,000 | 491,000 | 742,000 | 1,007,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 47,000 | 79,000 | 110,000 | 136,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 47,000 | 79,000 | 110,000 | 136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,932,000 | 2,963,000 | 2,993,000 | 3,020,000 |
| Total capital | 3,132,000 | 3,163,000 | 3,189,000 | 3,195,000 |
| Risk-weighted assets | 16,469,000 | 16,009,000 | 15,676,000 | 13,986,000 |