Call reports 2022
WESTERN NATIONAL BANK OF CASS LAKE — 2022
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 31,711,000 | 37,186,000 | 37,400,000 | 38,280,000 |
| Total loans | 14,109,000 | 13,779,000 | 13,018,000 | 12,694,000 |
| Allowance for loan losses | 241,000 | 242,000 | 244,000 | 176,000 |
| Securities available for sale | 7,569,000 | 7,553,000 | 7,543,000 | 4,428,000 |
| Securities held to maturity | 0 | 0 | 4,343,000 | 7,471,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,148,000 | 33,689,000 | 33,910,000 | 34,826,000 |
| Interest-bearing deposits | 16,466,000 | 23,472,000 | 21,246,000 | 24,000,000 |
| Noninterest-bearing deposits | 11,682,000 | 10,217,000 | 12,664,000 | 10,826,000 |
| Equity capital | 3,354,000 | 3,364,000 | 3,401,000 | 3,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 214,000 | 441,000 | 721,000 | 1,046,000 |
| Interest expense | 12,000 | 28,000 | 52,000 | 81,000 |
| Net interest income | 202,000 | 413,000 | 669,000 | 965,000 |
| Noninterest income | 60,000 | 116,000 | 200,000 | 299,000 |
| Noninterest expense | 248,000 | 503,000 | 776,000 | 1,131,000 |
| Provision for loan losses | 0 | 0 | 0 | -69,000 |
| Pretax income | 14,000 | 26,000 | 93,000 | 202,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | 26,000 | 93,000 | 202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,960,000 | 2,972,000 | 3,009,000 | 2,993,000 |
| Total capital | 3,129,000 | 3,155,000 | 3,174,000 | 3,169,000 |
| Risk-weighted assets | 13,467,000 | 14,563,000 | 13,155,000 | 15,516,000 |