Call reports 2024
WESTERN NATIONAL BANK OF CASS LAKE — 2024
What WESTERN NATIONAL BANK OF CASS LAKE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 33,906,000 | 39,831,000 | 36,998,000 | 33,487,000 |
| Total loans | 11,892,000 | 11,949,000 | 12,066,000 | 12,069,000 |
| Allowance for loan losses | 182,000 | 181,000 | 182,000 | 182,000 |
| Securities available for sale | 3,444,000 | 1,957,000 | 3,514,000 | 3,416,000 |
| Securities held to maturity | 10,363,000 | 11,366,000 | 9,880,000 | 9,894,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,357,000 | 36,169,000 | 33,265,000 | 29,886,000 |
| Interest-bearing deposits | 16,793,000 | 24,636,000 | 20,359,000 | 16,832,000 |
| Noninterest-bearing deposits | 13,564,000 | 11,533,000 | 12,906,000 | 13,054,000 |
| Equity capital | 3,350,000 | 3,507,000 | 3,584,000 | 3,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 381,000 | 786,000 | 1,183,000 | 1,575,000 |
| Interest expense | 7,000 | 10,000 | 158,000 | 211,000 |
| Net interest income | 374,000 | 776,000 | 1,025,000 | 1,364,000 |
| Noninterest income | 140,000 | 294,000 | 647,000 | 838,000 |
| Noninterest expense | 473,000 | 885,000 | 1,349,000 | 1,745,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 41,000 | 185,000 | 323,000 | 457,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 41,000 | 185,000 | 323,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,016,000 | 3,160,000 | 3,158,000 | 3,144,000 |
| Total capital | 3,198,000 | 3,341,000 | 3,319,000 | 3,325,000 |
| Risk-weighted assets | 16,908,000 | 15,714,000 | 12,930,000 | 17,625,000 |