Call reports 2023
UNITED MINNESOTA BANK — 2023
What UNITED MINNESOTA BANK 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 | 47,201,000 | 48,026,000 | 49,402,000 | 47,852,000 |
| Total loans | 30,123,000 | 29,993,000 | 30,606,000 | 30,196,000 |
| Allowance for loan losses | 236,000 | 236,000 | 217,000 | 267,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,643,000 | 3,643,000 | 3,881,000 | 4,132,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,768,000 | 44,507,000 | 45,573,000 | 44,333,000 |
| Interest-bearing deposits | 27,564,000 | 27,597,000 | 28,881,000 | 29,882,000 |
| Noninterest-bearing deposits | 16,204,000 | 16,910,000 | 16,692,000 | 14,451,000 |
| Equity capital | 3,200,000 | 3,422,000 | 3,691,000 | 3,358,000 |
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 | 497,000 | 1,033,000 | 1,602,000 | 2,199,000 |
| Interest expense | 13,000 | 47,000 | 99,000 | 165,000 |
| Net interest income | 484,000 | 986,000 | 1,503,000 | 2,034,000 |
| Noninterest income | 27,000 | 56,000 | 121,000 | 151,000 |
| Noninterest expense | 266,000 | 535,000 | 808,000 | 1,627,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 245,000 | 507,000 | 816,000 | 508,000 |
| Income tax | 40,000 | 80,000 | 120,000 | 160,000 |
| Net income | 205,000 | 427,000 | 696,000 | 348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,200,000 | 3,422,000 | 3,691,000 | 3,358,000 |
| Total capital | 3,436,000 | 3,658,000 | 3,908,000 | 3,625,000 |
| Risk-weighted assets | 25,324,000 | 25,282,000 | 25,575,000 | 25,145,000 |