Call reports 2023
WESTERN NATIONAL BANK OF CASS LAKE — 2023
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 35,930,000 | 33,724,000 | 33,722,000 | 42,070,000 |
| Total loans | 12,462,000 | 12,324,000 | 11,706,000 | 11,532,000 |
| Allowance for loan losses | 176,000 | 178,000 | 180,000 | 181,000 |
| Securities available for sale | 7,527,000 | 5,315,000 | 5,133,000 | 5,418,000 |
| Securities held to maturity | 5,400,000 | 7,436,000 | 7,351,000 | 10,348,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,362,000 | 30,311,000 | 30,444,000 | 38,638,000 |
| Interest-bearing deposits | 24,070,000 | 19,742,000 | 19,595,000 | 26,791,000 |
| Noninterest-bearing deposits | 8,292,000 | 10,569,000 | 10,849,000 | 11,847,000 |
| Equity capital | 3,440,000 | 3,300,000 | 3,103,000 | 3,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 346,000 | 783,000 | 1,172,000 | 1,553,000 |
| Interest expense | 35,000 | 92,000 | 138,000 | 161,000 |
| Net interest income | 311,000 | 691,000 | 1,034,000 | 1,392,000 |
| Noninterest income | 169,000 | 332,000 | 469,000 | 614,000 |
| Noninterest expense | 326,000 | 755,000 | 1,156,000 | 1,625,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 154,000 | 268,000 | 347,000 | 381,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 154,000 | 268,000 | 347,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,046,000 | 3,112,000 | 3,089,000 | 2,975,000 |
| Total capital | 3,222,000 | 3,290,000 | 3,269,000 | 3,156,000 |
| Risk-weighted assets | 16,310,000 | 16,393,000 | 15,612,000 | 17,230,000 |