Call reports 2024
FIRST MINNETONKA CITY BANK — 2024
What FIRST MINNETONKA CITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Total assets | 245,799,000 | 242,399,000 | 241,065,000 |
| Total loans | 127,439,000 | 128,407,000 | 129,311,000 |
| Allowance for loan losses | 1,581,000 | 1,580,000 | 1,525,000 |
| Securities available for sale | 101,723,000 | 95,724,000 | 94,072,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 219,043,000 | 211,552,000 | 215,474,000 |
| Interest-bearing deposits | 168,301,000 | 163,840,000 | 166,107,000 |
| Noninterest-bearing deposits | 50,742,000 | 47,712,000 | 49,367,000 |
| Equity capital | 17,960,000 | 18,046,000 | 21,150,000 |
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 |
|---|---|---|---|
| Interest income | 2,328,000 | 4,711,000 | 7,120,000 |
| Interest expense | 706,000 | 1,537,000 | 2,450,000 |
| Net interest income | 1,622,000 | 3,174,000 | 4,670,000 |
| Noninterest income | 418,000 | 801,000 | 1,102,000 |
| Noninterest expense | 1,740,000 | 3,269,000 | 4,829,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 301,000 | 708,000 | 946,000 |
| Income tax | 51,000 | 97,000 | 144,000 |
| Net income | 250,000 | 611,000 | 802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Tier 1 capital | 27,546,000 | 27,527,000 | 27,717,000 |