Call reports 2021
FIRST MINNETONKA CITY BANK — 2021
What FIRST MINNETONKA CITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 275,456,000 | 271,593,000 | 295,847,000 | 290,479,000 |
| Total loans | 130,996,000 | 124,949,000 | 124,798,000 | 121,025,000 |
| Allowance for loan losses | 1,322,000 | 1,368,000 | 1,413,000 | 1,459,000 |
| Securities available for sale | 94,550,000 | 113,694,000 | 127,684,000 | 131,929,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,503,000 | 244,497,000 | 268,817,000 | 263,885,000 |
| Interest-bearing deposits | 174,404,000 | 173,526,000 | 179,569,000 | 183,252,000 |
| Noninterest-bearing deposits | 74,098,000 | 70,972,000 | 89,247,000 | 80,632,000 |
| Equity capital | 26,451,000 | 26,700,000 | 26,734,000 | 26,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,908,000 | 3,790,000 | 5,587,000 | 7,339,000 |
| Interest expense | 104,000 | 192,000 | 273,000 | 354,000 |
| Net interest income | 1,804,000 | 3,598,000 | 5,314,000 | 6,985,000 |
| Noninterest income | 348,000 | 746,000 | 1,155,000 | 1,488,000 |
| Noninterest expense | 1,483,000 | 2,619,000 | 4,049,000 | 5,240,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 625,000 | 1,636,000 | 2,287,000 | 3,055,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 300,000 |
| Net income | 621,000 | 1,632,000 | 2,283,000 | 2,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,616,000 | 25,912,000 | 26,182,000 | 26,653,000 |
| Total capital | 26,938,000 | 27,280,000 | 27,595,000 | 28,112,000 |
| Risk-weighted assets | 124,090,000 | 127,347,000 | 128,649,000 | 126,265,000 |