Call reports 2017
MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED — 2017
What MINNESOTA FIRST CREDIT AND SAVINGS, INCORPORATED reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 27,651,000 | 28,435,000 | 28,192,000 | 28,237,000 |
| Total loans | 25,471,000 | 25,848,000 | 25,413,000 | 24,862,000 |
| Allowance for loan losses | 443,000 | 436,000 | 444,000 | 426,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,042,000 | 23,329,000 | 23,141,000 | 23,150,000 |
| Interest-bearing deposits | 23,042,000 | 23,329,000 | 23,141,000 | 23,150,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 4,011,000 | 4,006,000 | 4,041,000 | 4,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 475,000 | 967,000 | 1,455,000 | 1,936,000 |
| Interest expense | 68,000 | 142,000 | 222,000 | 300,000 |
| Net interest income | 407,000 | 825,000 | 1,233,000 | 1,636,000 |
| Noninterest income | 35,000 | 53,000 | 63,000 | 78,000 |
| Noninterest expense | 389,000 | 769,000 | 1,120,000 | 1,497,000 |
| Provision for loan losses | 0 | 7,000 | 13,000 | 13,000 |
| Pretax income | 53,000 | 102,000 | 163,000 | 204,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,000 | 102,000 | 163,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,011,000 | 4,006,000 | 4,041,000 | 4,081,000 |
| Total capital | 4,266,000 | 4,264,000 | 4,299,000 | 4,337,000 |
| Risk-weighted assets | 20,250,000 | 20,498,000 | 20,453,000 | 20,339,000 |