Call reports 2020
FIRST MINNETONKA CITY BANK — 2020
What FIRST MINNETONKA CITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 229,957,000 | 263,061,000 | 259,224,000 | 259,923,000 |
| Total loans | 125,805,000 | 146,371,000 | 146,177,000 | 136,516,000 |
| Allowance for loan losses | 1,158,000 | 1,206,000 | 1,252,000 | 1,266,000 |
| Securities available for sale | 65,179,000 | 65,725,000 | 68,627,000 | 74,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,246,000 | 235,357,000 | 231,100,000 | 231,656,000 |
| Interest-bearing deposits | 146,246,000 | 158,956,000 | 160,054,000 | 162,226,000 |
| Noninterest-bearing deposits | 58,000,000 | 76,401,000 | 71,046,000 | 69,430,000 |
| Equity capital | 25,589,000 | 26,729,000 | 27,214,000 | 27,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,914,000 | 3,876,000 | 5,829,000 | 7,995,000 |
| Interest expense | 191,000 | 353,000 | 509,000 | 642,000 |
| Net interest income | 1,723,000 | 3,523,000 | 5,320,000 | 7,353,000 |
| Noninterest income | 381,000 | 831,000 | 1,173,000 | 1,521,000 |
| Noninterest expense | 1,383,000 | 2,633,000 | 3,907,000 | 5,014,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 677,000 | 1,632,000 | 2,453,000 | 3,683,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 673,000 | 1,628,000 | 2,449,000 | 3,679,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,592,000 | 24,879,000 | 25,367,000 | 26,065,000 |
| Total capital | 25,750,000 | 26,085,000 | 26,619,000 | 27,331,000 |
| Risk-weighted assets | 130,775,000 | 125,411,000 | 125,418,000 | 124,538,000 |